812 W Fernfield Drive
Monterey Park, CA 91754
- 4 beds
- 2 baths
- 1,640 sqft
- 9,880 sqft lot
- $823 per sqft
- 1950 build
- – on site
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!
Last checked:
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Last updated Feb 18, 2025
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MLS# 25493817 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1950
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New Construction:No
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Architectural Style:Traditional
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Stories Total:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Flooring:Wood, Tile
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Room Type:Living Room
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Inside
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Laundry:1
Room Dimensions
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Living Area:1640.00
Location
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Directions:East of Atlantic
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Latitude:34.03400200
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Longitude:-118.14622600
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:MPR1*
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Lot Size Area:9880.0000
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Lot Size Acres:0.2268
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Lot Size SqFt:9880.00
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View:None
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Security Features:Gated Community
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Additional Parcels:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:4
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5266024063
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Other
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Water Source:Public
Appliances
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Appliances:Built-In
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage - Two Door, Gated
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Parking Spaces:6.00
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Attached Garage:No
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Garage Spaces:2.00
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Uncovered Spaces:4.00
Monthly cost estimate
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Asking price
$1,350,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$7,228
|
Taxes | N/A |
Insurance | $371 |
Utilities | $148 See report |
Total | $7,747/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/4/25
Feb 4, 2025
|
Listed / Active | CRMLS_CA | $1,350,000 | 64.6% (24.0% / YR) |
5/27/22
May 27, 2022
|
CRMLS_CA | $820,000 | 1.7% | |
4/22/22
Apr 22, 2022
|
CRMLS_CA | $806,000 |