CA > Monterey Park
Monterey Park, CA 91754,812 W Fernfield DR
Monterey Park, CA 91754,812 W Fernfield DR
Monterey Park, CA 91754,812 W Fernfield DR
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$1,299,000
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4 Beds
2 Baths
1,640 SqFt
Price Dropped by $51K

812 W Fernfield DR Monterey Park, CA 91754

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Faby Llerandi

Faby Llerandi

Divina Realty

+1(951) 520-0260

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,640 sqft

Price per Sqft $792

MLS Listing ID 25493817

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1950

Lot Size 9,879 Sqft

Property Sub-Type Single Family Residence

Property Description

Prime Investment & Development Opportunity in Monterey Park. Unlock the full potential of this rare corner-lot property in the highly sought-after city of Monterey Park, perfect for savvy investors, developers, and income-focused buyers. This exceptional offering includes approved plans for two additional units: a 3-bed, 2-bath second unit and a 2-bed, 2-bath ADU, making it a fully entitled, shovel-ready project. The existing structure is a well-maintained 4-bedroom, 2-bath single-family home, providing immediate rental income while you build. Once completed, the property will feature three separate units ideal for maximizing cash flow, 1031 exchange opportunities, or long-term appreciation. Whether you're looking to: Live in one unit and rent the othersCreate a high-yield multi-unit portfolio piece, or Take advantage of Monterey Park's strong rental demand, this property offers a powerful combination of location, entitlement, and income potential. Don't miss this rare opportunity to invest, develop, and generate lasting returns in one of Los Angeles County's most desirable rental markets.

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR1*

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Built-In

Laundry Inside

Exterior

Parking Features Door-Multi, Garage, Gated

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5266024063

Security Features Gated Community

Acceptable Financing Cash, Conventional, FHA, Government Loan, VA Loan

Listing Terms Cash, Conventional, FHA, Government Loan, VA Loan

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

CRMLS – RECore
Listed by Walter Castillo Coldwell Banker Realty
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agent

Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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812 W Fernfield DR

 
 
 
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