Monterey Park, CA 91754,812 W Fernfield Drive
Monterey Park, CA 91754,812 W Fernfield Drive
Monterey Park, CA 91754,812 W Fernfield Drive
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$1,299,000
Est. payment /mo
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4 Beds
2 Baths
1,640 SqFt
Active

812 W Fernfield Drive Monterey Park, CA 91754

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,640 sqft

Price per Sqft $792

MLS Listing ID CL25493817

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1950

Lot Size 9,880 Sqft

Acres 0.2268

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Los Angeles

Zoning MPR1

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Range

Laundry Inside

Exterior

Garage Spaces 2.0

Pool None

View Y/N false

View None

Total Parking Spaces 6

Private Pool false

Building

Story 1

Architectural Style Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 5266024063


Bridge MLS
Listed by Walter Castillo • Coldwell Banker Realty

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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812 W Fernfield Drive