1127 Fernwood Drive, San Luis Obispo, CA 93401 (MLS # SC25052585)

Price $1,499,900
Status Active
Beds 5
Baths 4 Baths
Home size 2,580 sqft
Lot Size 8,042 sqft
Days on Market 1
Large lot with lots of house located close to the bike path and Sinsheimer. 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. New permitted ADU has recently been converted from existing garage. Property is currently under lease 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 for suplimental income with the ADU and guest area.
Property Type(s): Single Family
Last Updated 3/11/2025 Tract San Luis Obispo(380)
Year Built 1961 Community San Luis Obispo
County San Luis Obispo

SCHOOLS

School District San Luis Coastal Unified

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
HOA DUES 0
INTERIOR All Bedrooms Down
LOT 8040 sq ft
LOT DESCRIPTION Front Yard
PARKING Attached Carport,Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION San Luis Obispo(380)
UTILITIES Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property,220 Volts in Laundry
VIEW Yes
VIEW DESCRIPTION Neighborhood
WATER Public
ZONING R1

Location

 

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Listed with Brian Rolph, Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of 3/12/25 4:21 AM PDT 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

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