Address
812 West Fernfield Drive, Monterey Park, CA
Price
$ 1,350,000
Property Attributes
  • MLS#0025493817
  • TypeSingle Family
  • CountyLOS ANGELES
  • CityMonterey Park
  • AreaMonterey Park
  • Zip91754
  • StyleTraditional
  • Year Built1950
  • Price$ 1,350,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1640
  • Lot Size0.23 Acres
Data Source:
California Desert Association of REALTORS® (CDAR)
Property Description

An exceptional development opportunity in one of Los Angeles's most coveted neighborhoods, Monterey Park. Nestled on a tranquil street, this rare property comes with 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!

Price History
2/4/2025 Listed $1,350,000

General Features

Heating Central
Cooling Central Air
Zoning MPR1*
Architectural Style Traditional
Security Features Gated Community
Full Baths 2
Year Built 1950
Levels One
Property Subtype Single Family Residence
Accessibility Other
County Los Angeles
New Construction No
Property Type A
HOA No
Attached Garage No
Status Active
City Monterey Park
Senior Community Y/N No
MLS Area 641 - Monterey Park
Lot Size Units Square Feet
Lot Size Square Feet 9880.0
Additional Parcels Y/N No
Structure Type None
Standard Status Active

Interior Features

Flooring Tile,Wood
Kitchen Appliances Built-In
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bathrooms 2.0
Laundry Features Inside
LivingAreaSource Assessor
Total Baths 2
Total Bedrooms 4

Exterior Features

Water Source None,Public
Lot Size Area 9880.0
Spa No
Pool Y/N? No
Building Area Total 1640.0
Lot Size Acres 0.23
Land Lease Type Fee

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 91754

Price
AVG $1.25M
$1.35M
Visits
AVG 58
1
Data Provided by Inside Real Estate®
Year Built
AVG 1962
1950

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