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CA > Monterey Park
Monterey Park, CA 91754,812 W Fernfield DR
Monterey Park, CA 91754,812 W Fernfield DR
Monterey Park, CA 91754,812 W Fernfield DR
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Devone Richard

Devone Richard

+1(626) 500-1212
$1,350,000
Est. payment /mo
4 Beds
2 Baths
1,640 SqFt
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UPDATED:

02/11/2025 07:43 PM

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 $823

MLS Listing ID 25493817

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1950

Lot Size 9,879 Sqft

Property Sub-Type Single Family Residence

Property Description

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

Location

State CA

County Los Angeles

Area 641 - Monterey Park

Zoning MPR1*

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Furnishings Unfurnished

Fireplace Yes

Appliance Built-In

Laundry Inside

Exterior

Parking Features Door-Multi, Garage, Gated

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Gated

View Y/N No

View None

Attached Garage No

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5266024063

Security Features Gated Community

Acceptable Financing Cash, Conventional, FHA, Government Loan, VA Loan

Listing Terms Cash, Conventional, FHA, Government Loan, VA Loan

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Walter Castillo • Coldwell Banker Realty
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

BUYING MY HOME

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