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. ADU rents for $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 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.
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.
Current real estate data for Single Family in San Luis Obispo as of Apr 25, 2025
98
Single Family Listed
67
Avg DOM
842
Avg $ / SqFt
$2,134,863
Avg List Price
Property Details
Price:
$1,399,999
MLS #:
SC25052585
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Luis Obispo380
Neighborhood:
slosanluisobispo
Listed Date:
Mar 10, 2025
Finished Sq Ft:
2,580
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1961
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
Map
Contact Us
Mortgage Calculator
Community
- Address1127 Fernwood Drive San Luis Obispo CA
- NeighborhoodSLO – San Luis Obispo
- SubdivisionSan Luis Obispo(380)
- CitySan Luis Obispo
- CountySan Luis Obispo
- Zip Code93401
Subdivisions in San Luis Obispo
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Property Summary
- Located in the San Luis Obispo(380) subdivision, 1127 Fernwood Drive San Luis Obispo CA is a Single Family for sale in San Luis Obispo, CA, 93401. It is listed for $1,399,999 and features 5 beds, 4 baths, and has approximately 2,580 square feet of living space, and was originally constructed in 1961. The current price per square foot is $543. The average price per square foot for Single Family listings in San Luis Obispo is $842. The average listing price for Single Family in San Luis Obispo is $2,134,863.
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Similar Listings Nearby
Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…
More About Bunny
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 CornerStone Real Estate include the name of the listing broker. Neither the listing company nor CornerStone 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. 1127 Fernwood Drive
San Luis Obispo, CA
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