812 W Fernfield Dr Monterey Park, CA 91754
Listing Courtesy of: Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Walter Castillo

  812 W Fernfield Dr Monterey Park, CA 91754

Active
$1,299,000
4
BED
2
BATH
1,640
SQFT

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 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.

MLS #:
25493817
Lot Size
9,880 SQFT
Type
Single-Family Home
Year Built
1950
Style
Traditional
Views
None
County
Los Angeles County

Listed By

Walter Castillo, DRE #01141632 CA, Coldwell Banker Realty
Source
Combined L.A. Westside (CLAW)
Last checked Aug 17 2025 at 2:57 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Kitchen
  • Ceramic Counters
Property Features
  • Fireplace: Living Room
Heating and Cooling
  • Central
Pool Information
  • None
Flooring
  • Hardwood
  • Tile
Utility Information
  • Sewer: In Street
Garage
  • Garage - 2 Car
Parking
  • Detached
  • Gated
Stories
  • 1
Living Area
  • 1,640 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 30, 2025
Price Changed
$1,299,000
-4%
-51,000
Feb 03, 2025
Original Price
$1,350,000
-
-
Disclaimer: Copyright 2025 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/17/25 07:57