1127 Fernwood Drive, San Luis Obispo, CA 93401 (MLS # SC25040641)

Price $1,499,900
Status Active
Beds n/a
Baths 0 Bath
Home size 2,580 sqft
Lot Size 8,042 sqft
Days on Market 8
Large lot with lots of house located close to the Bike path and Sinsheimer. New permitted ADU has recently been converted from existing garage. Existing home features a traditional 3 bedroom 2 bath floor plan plus a private guest area with its own bedroom, kitchenette, seperate laundry, and bath. Home is clean with rencent paint and flooring installed. Property is currently under seperate leases until July 1, 2025 for a total of $8,250/mo or $99,000 per year. Some improvements in guest area completed without permit. Seller has never lived on premises- Buyer to verify condition of property and complete their own inspections. Property also has plenty of potential for expansion with ample area in back yard for further uses.... Check with city to verify potential for additional SB9 units.Please do not disturb tenants by approaching home without an appointment. Owner is listing agent.This Property is perfect for someone looking for a solid income earner. It is also a good fit for home buyers looking to supliment their income with the ADU and guest area.
Property Type(s): Residential Income
Last Updated 3/4/2025 Year Built 1961
Community San Luis Obispo County San Luis Obispo

Additional Details

AIR Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Range, Microwave, Water Heater
AREA San Luis Obispo
FIREPLACE Yes
GARAGE Attached Carport, Driveway
HEAT Forced Air
INTERIOR All Bedrooms Down
LOT 8040 sq ft
LOT DESCRIPTION Front Yard
PARKING Attached Carport,Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
UTILITIES Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property,220 Volts in Laundry
WATER Public
ZONING R1

Location

 

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Listed with Brian Rolph, Broker

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