812 W Fernfield Dr Monterey Park, CA 91754
Estimated payment $8,113/month
Total Views
29,513
4
Beds
2
Baths
1,640
Sq Ft
$792
Price per Sq Ft
Highlights
- Gated Parking
- Wood Flooring
- 2 Car Detached Garage
- Traditional Architecture
- No HOA
- Built-In Features
About This Home
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 3-bed, 2-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 othersCreate 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,251
Year Built
- Built in 1950
Lot Details
- 9,880 Sq Ft Lot
- Gated Home
- Property is zoned MPR1*
Parking
- 2 Car Detached Garage
- 4 Open Parking Spaces
- Gated Parking
Home Design
- Traditional Architecture
Interior Spaces
- 1,640 Sq Ft Home
- 1-Story Property
- Built-In Features
- Living Room with Fireplace
- Dining Area
- Ceramic Countertops
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5266-024-063
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,251 | $870,189 | $696,152 | $174,037 |
| 2024 | $11,251 | $853,127 | $682,502 | $170,625 |
| 2023 | $11,104 | $836,400 | $669,120 | $167,280 |
| 2022 | $9,717 | $739,500 | $591,600 | $147,900 |
| 2021 | $5,036 | $370,954 | $254,123 | $116,831 |
| 2020 | $1,459 | $86,847 | $34,876 | $51,971 |
| 2019 | $1,421 | $85,145 | $34,193 | $50,952 |
| 2018 | $1,362 | $83,476 | $33,523 | $49,953 |
| 2016 | $1,313 | $80,236 | $32,222 | $48,014 |
| 2015 | $1,250 | $79,031 | $31,738 | $47,293 |
| 2014 | $1,243 | $77,484 | $31,117 | $46,367 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $1,299,000 | -3.8% | $792 / Sq Ft |
| 02/03/2025 02/03/25 | For Sale | $1,350,000 | +64.6% | $823 / Sq Ft |
| 05/27/2022 05/27/22 | Sold | $820,000 | +1.7% | $544 / Sq Ft |
| 04/22/2022 04/22/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | Price Changed | $806,000 | -0.4% | $535 / Sq Ft |
| 04/07/2022 04/07/22 | For Sale | $809,000 | +4.4% | $537 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $775,000 | +8.4% | $514 / Sq Ft |
| 03/23/2021 03/23/21 | For Sale | $715,000 | -7.7% | $474 / Sq Ft |
| 03/20/2021 03/20/21 | Off Market | $775,000 | -- | -- |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/16/2021 03/16/21 | For Sale | $715,000 | -- | $474 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $725,000 | Western Resources Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | VA |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25493817
APN: 5266-024-063
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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