CA > San Luis Obispo
San Luis Obispo, CA 93401,1127 Fernwood DR
San Luis Obispo, CA 93401,1127 Fernwood DR
San Luis Obispo, CA 93401,1127 Fernwood DR
San Luis Obispo, CA 93401,1127 Fernwood DR
San Luis Obispo, CA 93401,1127 Fernwood DR
San Luis Obispo, CA 93401,1127 Fernwood DR
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Armand Martin

Armand Martin

Armand Martin

+1(661) 221-5011
$ 1,499,900
Est. payment | /mo

8,041 Sqft Lot

Save
$ 1,499,900
Est. payment | /mo
Save

8,041 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC25040641

HOA Y/N No

Year Built 1961

Lot Size 8,041 Sqft

Property Sub-Type Single Family Residence

Property 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 with its own bedroom, kitchenette, seperate laundry, and bath. 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.

Location

State CA

County San Luis Obispo

Area Slo - San Luis Obispo

Zoning R1

Interior

Interior Features All Bedrooms Down

Heating Forced Air

Cooling Ductless

Flooring Vinyl

Fireplaces Type Wood Burning

Inclusions all appliances included in leases. Incluiding 2 stackable W/D, W/D in ADU belongs to tenants.

Fireplace Yes

Appliance Dishwasher, Electric Range, Microwave, Water Heater

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

Exterior

Parking Features Attached Carport, Driveway

Carport Spaces 2

Pool None

Community Features Storm Drain(s), Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 004562002

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Brian Rolph • Brian Rolph, Broker • 805-235-5357

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agent
Armand Martin

Agent | License ID: 02140006

+1(661) 221-5011

503 Commerce Ave, Palmdale, CA, 93551, USA

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1127 Fernwood DR