812 W Fernfield Drive, Monterey Park, CA 91754 - Berkshire Hathaway HomeServices California Properties
812 W Fernfield Drive Monterey Park, CA 91754
$1,350,000 4 beds, 2 baths
1, 640 sqft

Agent Remarks

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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25493817
List price is $1,350,000
Beds: 4
Baths: 2 (2 full)
Living Room fireplaces
Built in 1950
1,640 sqft
1 story
0.23 acres
Lot size: 0.2268
County: Los Angeles
Property style: Traditional
Zoning: MPR1*
Appliances: Built-In
Parking description: Door-Multi,Garage,Gated
Heating/cooling: Central Air
Heating description: Central
MLS area: 641 - Monterey Park
Furnished: Unfurnished

Last Updated: 3/13/2025

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This listing belongs to the 641 - Monterey Park MLS area

The style of this listing is Traditional.
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Lat/Long: 34.034002, -118.146226.
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Listing Agent: Walter Castillo
Lic#: 01801928
Office Name: Sherman Oaks

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