1127 Fernwood Drive Active Save Request In-Person Tour Request Virtual Tour
San Luis Obispo,CA 93401
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC25040641
Bedrooms 6
HOA Y/N No
Lot Size 8,040 Sqft
Property Sub-Type Res Income 2-4 Units
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.
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 San Luis Obispo (93401)
Zoning Assessor
Interior
Appliance Forced Air Unit
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash,Exchange
Space Rent $5,950
Listing Terms Cash,Exchange