812 W Fernfield Drive, Monterey Park, CA 91754 - Berkshire Hathaway HomeServices California Properties

812 W Fernfield Drive, Monterey Park, CA 91754

$1,299,000 Approx. USD 4 beds, 2 baths
1,640 sqft

Listing Agent


Walter Castillo | walter@waltercastillo.com
Lic#: 01141632
Broker: Courtesy of Coldwell Banker Realty

Agent Remarks

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 3-bed, 2-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 othersCreate 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 Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25493817
List price is $1,299,000 Reduced by $51,000 on 7/1/2025
Price: $1,299,000
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: 7/2/2025

 Days On Market (DOM): 158

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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