812 W Fernfield Drive
Monterey Park, CA 91754
Active for $1,350,000
Beds: 4 Baths: 2 Structure Size: 1,640 sqft Lot Size: 9,880 sqft
| MLS | 25493817 |
| Year Built | 1950 |
| Property Type | Single Family Residence |
| County | Los Angeles |
| Status | Active |
| Active | $1,350,000 |
| Structure Size | 1,640 sqft |
| Lot Size | 9,880 sqft |
| Beds | 4 |
| Baths | 2 |
Description
An exceptional development opportunity in one of Los Angeles' most coveted neighborhoods , Monterey Park. Nestled on a tranquil street, this rare property comes with RTI-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!
Listing information courtesy of: Walter Castillo, Coldwell Banker Realty 213-792-0940. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Arsen Grigoryan
REALTOR®
Direct: 323.363.3637
Email: Email Me
DRE: 02216049
DRE #01873088
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