1127 Fernwood Drive
San Luis Obispo, CA, 93401
$1,499,900
5 Beds
4 Baths
2,580 SqFt
0.18 Acres
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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 Details

Price:
$1,499,900
MLS #:
SC25052585
Status:
Active
Beds:
5
Baths:
4
Address:
1127 Fernwood Drive
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
City:
San Luis Obispo
Listed Date:
Mar 10, 2025
State:
CA
Finished Sq Ft:
2,580
ZIP:
93401
Lot Size:
8,040 sqft / 0.18 acres (approx)
Year Built:
1961
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Schools

School District:
San Luis Coastal Unified

Interior

Appliances
Dishwasher, Electric Range, Microwave, Water Heater
Cooling
Ductless
Fireplace Features
Wood Burning
Flooring
Vinyl
Heating
Forced Air

Exterior

Community Features
Sidewalks, Storm Drains
Electric
220 Volts in Laundry, Electricity – On Property
Garage Spaces
0.00
Lot Features
Front Yard, Lot 6500-9999
Parking Features
Attached Carport, Driveway – Combination
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

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Community

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1127 Fernwood Drive
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