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812 W Fernfield Dr
For Sale $1,350,000 ($823.17 per Sq Ft)
$1,350,000 ($823.17 per Sq Ft)
- 4 Bedrooms
- 2.00 Bathrooms
- 1,640 Sq Ft
- 9,880 Sq Ft
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!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,350,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,640 |
| Number of Stories | 1 stories |
| Parking Spots | 2 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5266024063 |
| MLS # | 25493817 |
| Property ID | 292952791 |
| Lot Sqft | 9,880 |
| Zoning | MPR1* |
| Days on Market | 22 |
| Original List Price | $1,350,000 |
| Date Updated | February 18, 2025 |
| Date Created | February 03, 2025 |
Listing Provided By
Walter Castillo an agent of . Lic #01141632
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