Listing provided courtesy of: Coldwell Banker Realty.
812 W Fernfield Drive
Monterey Park, CA 91754-
Est. Payment/ mo
An exceptional development opportunity in one of Los Angeles's most coveted neighborhoods, Monterey Park. Nestled on a tranquil street, this rare property comes with approved plans for two additional units: a second unit featuring 3 bedrooms and 2 baths, and an ADU with 2 bedrooms and 2 baths. A turnkey project for investors, developers, and builders, this property offers the potential to create an architectural masterpiece with strong returns. The existing residence is a charming 4-bedroom, 2-bath single-family home situated on a spacious corner lot, providing ample space for all three structures. Whether you're looking to expand your real estate portfolio, create a multi-generational living arrangement, or generate rental income, this property offers limitless potential. With the flexibility to live in one unit while leasing the others or to capitalize on the rising demand for multi-family housing, this Monterey Park gem is an unparalleled investment opportunity. Don't miss your chance to develop, invest, and thrive in one of the city's most desirable locations!
PROPERTY DETAILS
- Price $1,350,000
- Price / Sq Ft $823
- Beds 4
- Baths 2
- Bldg/Unit Size (Sq Ft) 1,640
- Land/Lot Size (Sq Ft) 10,019
- Property Type Residential
- Floors / Stories 1
- Year Built 1950
- MLS Number 25493817
- Days on Market 80
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DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF
Listing provided courtesy of: Coldwell Banker Realty. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 04/29/2025 17:25:53
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