1127 Fernwood Drive San Luis Obispo CA 93401 MLS #SC25052585

  1. ca
  2. san-luis-obispo
  3. san-luis-obispo-380-
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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

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

San Luis Obispo Neighborhoods

Courtesy of Brian Rolph, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
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