514 Fermoore, San Fernando, California 91340, San Fernando, 91340 - 2 bed, 1 bath
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San Fernando, California 91340
This Single Family Residence is a High-Potential Investment Opportunity, listed at $699,990—positioned slightly above the $686,646 Fair Market Value. While priced at market, the property features a Condition Rating of 3, benefiting from recent upgrades including a newer roof, vinyl windows, and a remodeled kitchen. The massive 7,285 sqft lot provides significant Development Potential for an ADU or expansion. With an extra-long gated driveway for RV/boat storage, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value-add potential.
Renovated 2-bed home in San Fernando with massive 7,285 sqft lot. Features newer roof, remodeled kitchen, and RV parking. Perfect for ADU addition or investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 514 Fermoore Subject | $699,990* List Price | 2 | 1 | 954 | $720 | - |
A 1516 5th Street Sold | $732,000 | 3 | 2 | 1,080 | $678 | 0.1 mi |
B 424 N Lazard Street Sold | $728,000 | 2 | 1 | 786 | $926 | 0.2 mi |
C 1540 Pico Sold | $675,000 | 3 | 1 | 910 | $742 | 0.7 mi |
D 1601 Fermoore Sold | $775,000 | 3 | 2 | 1,136 | $682 | 0.7 mi |
E 1502 Coronel Sold | $715,000 | 3 | 2 | 1,182 | $605 | 0.7 mi |
F 12547 Cometa Avenue Sold | $715,000 | 3 | 2 | 1,122 | $637 | 0.9 mi |
G 647 Harps Street Pending | $719,999 List Price | 2 | 1 | 850 | $847 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1951, the property has undergone significant recent maintenance and upgrades including a newer roof (5-6 years old), newer vinyl windows, and a remodeled bathroom. The kitchen features recent upgrades such as a new gas stove and butcher block countertops, making the home functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7285, living area = 954.
The expansive 7,285 square foot lot offers significant opportunity for an ADU or a substantial room addition, providing excellent value-add potential for investors or growing families.
Key high-ticket upgrades including a newer roof with a transferable warranty, vinyl windows, and a remodeled kitchen and bathroom reduce immediate maintenance concerns for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7285, other record lot size in square feet = 7220.
At just 954 square feet with only two bedrooms, the interior footprint is relatively small, which may limit appeal for larger households or those needing a home office.
The property features only one bathroom, which can be a significant drawback for modern buyers and may impact the home's overall functionality and daily convenience.
OUSTANDING LOCATION! One of the BEST streets in San Fernando! Fermoore is a WIDE street and Homes are on BIG LOTS! This home has a massive 7285 square foot lot that can be PERFECT for ADU or room addition remodel! RECENT home improvement includes: Newer roof @ 5-6 years old with transferrable warranty, REMODELED bathroom, Kitchen UPGRADED with new gas stove-SS Steel/black, butcher block countertop, NEW SS vent and faucet. NEWER vinyl windows! Wood floors in living area, recessed lighting in living room, ENORMOUS BACKYARD! Extra long driveway with GATE is perfect to park RV AND Boat! Amazing opportunity and POTENTIAL and ABSOLUTLEY the BEST VALUE in San Fernando Valley!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 954 | 1,388 |
| Lot Size | 7,285 | 7,001 |
| Price | $700.0K | $781.3K |
| Price per sq ft | $734 | $569 |
| Built year | 1951 | 1953 |
| HOA | $0 | $200 |
| Days on market | 9 | 66 |
Jul 13, 2026
$699,990
Initial Listing
Aug 7, 2015
$375,000
Public Record
Nov 19, 2010
$240,000
Public Record