428 Fermoore Street, San Fernando, California 91340, San Fernando, 91340 - 4 bed, 3 bath
ACTIVE$775,000
428 Fermoore Street, San Fernando, California 91340
4Beds
3Baths
1,579Sqft
7,042Lot
Year Built
1949
Close
-
List price
$775K
Original List price
$7.99M
Price/Sqft
$491
HOA
-
Days on market
-
Sold On
-
MLS number
SR25227709
Home ConditionFair
Features
ViewNeighborhood
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $775.0K(64th), sqft - 1579(76th), beds - 4(79th), baths - 3(88th).
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.
Price History
Date
Event
Price
11/12/25
Price Change
$775,000-3.0%
10/12/25
Price Change
$799,000
10/11/25
Listing
$7,990,000
Condition Rating
Fair
Built in 1949, this property is aged and requires significant updates. The kitchen features very outdated cabinets, countertops, and appliances, clearly needing a full renovation. Both bathrooms are also dated with older vanities, fixtures, and tile work. While the home appears functional and maintained, it shows considerable physical depreciation and lacks modern amenities and style, aligning with the 'Fair' condition criteria for properties built over 20 years ago with no major recent renovations.
Pros & Cons
Pros
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: Features a permitted 1-bed/1-bath attached unit, ideal for generating rental income or accommodating multi-generational living arrangements.
Significant Development Opportunity: A generous 7,039 sq. ft. lot provides ample space for expansion, new construction, or converting the detached 20x20 garage into an Accessory Dwelling Unit (ADU).
Strategic Location: Situated in a prime San Fernando location with convenient access to local parks, schools, shopping centers, and major freeways.
Long-Term Investment Value: Positioned as a strong long-term investment opportunity due to its versatile layout, development potential, and desirable location.
Functional Layout: The main home offers a smart and bright open floor plan, enhancing livability and overall appeal.
Cons
Age of Property: Built in 1949, the property may require significant updates or maintenance to meet modern standards and preferences, which could entail additional costs.
Recent Price Reduction: A recent price drop from $799,000 to $775,000 could indicate initial overpricing or challenges in attracting buyers at the previous price point.
Potential for Required Updates: The description's emphasis on 'endless potential' and 'maximize value' suggests that the property likely requires further investment for renovations or upgrades to fully realize its value.