1127 Fernwood Drive

San Luis Obispo, CA 93401

  • 5 Bed(s)
  • 3 Bath(s)
  • 2,580 Sqft
  • 8040
    Sqft(Lot)
$1,399,999

Description

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 that has recently been updated with its own bedroom (4th bedroom), kitchenette, additional laundry, and bath. home is clean with recent paint and flooring installed. property is currently under lease. adu rents for ($2300/mo until 7/1/2024 then)$2400/mo through july 2026; main house rents for $5950/mo until july 1, 2025 for a total of $8,350/mo or $100,200 per year. some improvements within 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 suppliment their income with the adu and guest area.

  • Property Type

    Residential

  • County

    San Luis Obispo

  • Style

    Residential

  • AD ID

    48926575

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Property Details

  • Bedroom Information

    • Total Bedrooms : 5

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 3
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Property Appliances: Dishwasher,Electric Range,Microwave,Water Heater
    • Fireplace: Wood Burning
    • Flooring: Vinyl

    Cooling Features

    • Ductless
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

    Fireplace

    • Fireplace Features: Wood Burning
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1961

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,In Kitchen,Stacked

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1846
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8040

  • Listing Price Information

    • Original List Price: 1,399,999
    • Listing Contract Date: 2025-03-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 004562002

  • Garage and Parking

    • Garage Description: Attached Carport,Driveway

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SLO - San Luis Obispo
    • Postal Code Plus 4: 5906
    • Directions: On Fernwood Dr near Orcutt Rd
    • Zoning: R1
    • Source Property Type: Residential
    • Area: SLO - San Luis Obispo
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 64
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Total Square Feet Living: 2580
    • Entry Level: 1
    • Entry Location: Ground
    • Levels or Stories: One
    • Building Total Stories: 1
    • Structure Type: House
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BuyOwner last updated this listing 04/26/2025 @ 12:18

  • MLS: SC25052585
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,580 sqft, 8,040 sized lot, and 0 parking. are nearby neighborhoods.