$ 1,299,000
-
$1,299,000
Price -
4
Bed -
2
Bath -
1,640
SqFt
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About the Listing CLW-L2000374 - CLW-L10280
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 4-bed, 3-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 others, Create 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.
Listing Highlights for 812 W Fernfield Dr
Status
Active
Days on Site
213
Property Type
Residential
MLS ®
25493817
Year Built
1950
Total Square Footage
1,640
Lot/Acreage
0.23
County
Los Angeles
Area
641 - Monterey Park
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Built-In
- Air Cond: Central Air
- Heating: Central
- Fireplaces: Living Room
- Floor: Wood,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Zoning: MPR1*
- Roof:
- Others:
- Sewer: Other
- Parking Features: Garage - Two Door,Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5266024063
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
812 W Fernfield Dr Monterey Park, CA 91754
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