812 W Fernfield Drive, Monterey Park, CA, 91754

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$1,299,000
158 Days On Site

812 W Fernfield Drive
Monterey Park, CA 91754

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,640
SqFt
$792
/SqFt
1950
Built
County:
Los Angeles
Listed by Walter Castillo of Coldwell Banker Realty [email protected]
812 W Fernfield Drive812 W Fernfield Drive812 W Fernfield Drive812 W Fernfield Drive
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Monthly Payment (Est.)

$5,927
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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.

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Listing Snapshot
Price 
$1,299,000
Days On Site 
158 Days
Bedrooms 
4
Inside Area (SqFt) 
1,640 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.2268 Acres
Year Built 
1950
MLS® Number 
25493817
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $1,299,000
5 months agoListing first seen on site
General Features
Acres 
0.2268
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking 
GarageGated
Parking Spaces 
6
Property Sub Type 
Single Family Residence
Security 
Gated Community
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1640
Stories 
One
Style 
Traditional
Water Source 
Public
Zoning 
MPR1*
Interior Features
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Flooring 
TileWood
Furnished 
Unfurnished
Heating 
Central
Laundry Features 
Inside
Living Room 
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Exterior Features
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Community Features 
Gated
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
641 - Monterey Park


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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