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.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Walter Castillo
$1,299,000 (USD)
Monterey Park Area Single Family Home
Active
812 W Fernfield Dr Monterey Park, CA 91754
4 Bed
2 Baths
1640 sqft
MLS# 25493817
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.
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Walter Castillo
$869,000 (USD)
Chino Area Single Family Home
Active
6703 Poinsettia Ct Chino, CA 91710
6 Bed
4 Baths
2565 sqft
MLS# 25558213
Welcome to your dream home tucked away in a peaceful cul-de-sac in one of Chino's most sought-after neighborhoods. Thoughtfully remodeled from top to bottom, this stunning two-story residence offers the perfect blend of timeless charm and contemporary luxury, ideal for families seeking space, comfort, and style. Move-in ready and filled with natural light, the home features a spacious and versatile floor plan designed for modern living. The formal living room welcomes you with an inviting fireplace, setting a cozy tone for quiet evenings or entertaining guests. The open-concept kitchen is a true showstopper, boasting crisp white shaker cabinetry, gleaming quartz countertops, and abundant storage. it's a chef's dream come true. Adjacent to the kitchen, the dining area and family room flow seamlessly together, offering the ideal layout for gatherings large or small. The main level includes two generously sized bedrooms, including a private master suite perfect for guests, in-laws, or multi-generational living. Upstairs, you'll find not one, but two additional master suites, each offering its own unique retreat with full bathrooms and ample privacy. With six total bedrooms, four baths. There's plenty of space for a home office, gym, or playroom. Enjoy direct access from the two-car attached garage and entertain with ease in the expansive backyard ready for barbecues, kids' play, or your dream garden. Located minutes from top-rated schools, parks, shopping centers, and major freeways, this home offers both peace and practicality. Don't miss this rare opportunity. Schedule your private showing today and discover why this Chino gem is the perfect place to call home!
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Walter Castillo