812 W Fernfield Drive Monterey Park, CA 91754
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Walter Castillo

  812 W Fernfield Drive Monterey Park, CA 91754

Active (209 Days)
$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
County
Los Angeles County

Listed By

Walter Castillo, Coldwell Banker Realty
Source
CRMLS
Last checked Aug 31 2025 at 7:42 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Laundry: Inside
  • Built-In
Property Features
  • Fireplace: Living Room
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Wood
  • Tile
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Other
Parking
  • Gated
  • Garage
  • Door-Multi
Stories
  • 1
Living Area
  • 1,640 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 02, 2025
Price Changed
$1,299,000
-4%
-51,000
Feb 03, 2025
Original Price
$1,350,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.