428 Fermoore Street, San Fernando, California 91340, San Fernando, 91340 - 4 bed, 3 bath
428 Fermoore Street
San Fernando, California 91340
Property Price
SUMMARY
Analysis of 428 Fermoore Street, San Fernando, California 91340 reveals a Fairly Priced Property with a current list price of $850,000 aligned with the estimated $830,009 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Fernando Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 428 Fermoore Street Subject | $850,000* List Price | 4 | 3 | 1,579 | $526 | - |
A 316 Orange Grove Sold | $830,000 | 2 | 2 | 1,523 | $545 | 0.2 mi |
B 1106 Orange Grove Avenue Sold | $800,000 | 4 | 2 | 1,768 | $452 | 0.8 mi |
C 13966 Fox Street Sold | $750,000 | 3 | 2 | 1,431 | $524 | 1.0 mi |
D 556 Harps Street Active | $940,000 List Price | 5 | 3 | 2,024 | $464 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1949, this property is functional but significantly outdated. The kitchens feature basic, older appliances, dated cabinetry (some open shelving), and basic countertops and tile. Bathrooms have older vanities, basic fixtures, and dated tile work, with one mirror showing significant wear. Flooring throughout is primarily dated ceramic tile, with some worn carpet. While the home appears maintained, it has not undergone a major renovation in many years and requires substantial cosmetic updates to meet modern standards. The property's value lies more in its potential for expansion and income (ADU conversion) rather than its current interior condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7042, living area = 1579.
- Income & Multi-Generational Potential
Includes a permitted 1-bed/1-bath attached unit, offering immediate rental income or ideal space for multi-generational living.
- ADU Conversion Opportunity
A detached 20x20 garage presents a clear and valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), significantly increasing property value and utility.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential Updates
Built in 1949, the property may require significant updates to core systems (plumbing, electrical, HVAC) and finishes to meet modern standards and buyer expectations.
- Unspecified Interior Modernization
While described as having a 'bright open floor plan,' the listing does not detail recent renovations or modern upgrades to the main 3-bed/2-bath unit, suggesting potential for buyer-initiated improvements.
- Required Capital Investment
The 'endless potential' implies that realizing the property's full value, especially through ADU conversion or expansion, will necessitate additional capital investment post-purchase.
About 428 Fermoore Street
Endless Potential in San Fernando! This spacious 3-bed/2-bath home with a smart layout also includes a permitted 1-bed/1-bath attached unit, making it ideal for multi-generational living or immediate rental income. Sitting on a generous 7,039 sq. ft. lot, the property offers room to expand, build, or maximize value with the detached 20x20 garage that’s perfect for an ADU conversion. With a bright open floor plan and prime location near parks, schools, shopping, and freeways, this home offers both comfort and long-term investment opportunity. Seller is prepared to proceed and has confirmed the home will be delivered vacant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 7,042 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 1,579 | 1,344 | 72% |
| Lot Size | 7,042 | 6,379 | 72% |
| Price | $850.0K | $750.0K | 79% |
| Price per sq ft | $538 | $547 | 38% |
| Built year | 1949 | 1952 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 146 | 198 | 31% |
Pricing History
Listed for Sale
Jan 23, 2026
$850,000
$775,000
+10% Price Increase
Initial Listing
Price Change
Nov 12, 2025
$775,000
$799,000
-3% Price Drop
Initial Listing
Price Change
Oct 12, 2025
$799,000
Initial Listing
Price Change
Oct 11, 2025
$7,990,000
Initial Listing