812 W Fernfield Drive
Monterey Park, CA 91754
1640 sqft | 4 beds | 2 baths | 0.23 acres | #25493817
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!
Property Details
- Property SubtypeSingleFamilyResidence
- CountyLos Angeles
- Original List Price$1,350,000
- Property TypePurchase
- MLS #25493817
- MLS #25493817
- Cost1350000
- Acres0.2268
- Utility SourcePublic
- Sewer InformationOther
- Square Feet1640
- Year Built1950
- Bedrooms4
- Bathrooms2
- Full Baths2
- Stories1
- Parking Spaces2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Walter Castillo (#CLW-L10280)
Listing Office: Coldwell Banker Realty (#CLW-L2000374)
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