550 Fermoore, San Fernando, California 91340, San Fernando, 91340 - 3 bed, 2 bath
550 Fermoore
San Fernando, California 91340
Property Price
SUMMARY
Analysis of 550 Fermoore, San Fernando, California 91340 reveals a Fairly Priced Property with a current list price of $875,000 aligned with the estimated $875,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 550 Fermoore Subject | $875,000* List Price | 3 | 2 | 2,238 | $391 | - |
A 613 N Meyer Street Sold | $865,000 | 3 | 3 | 1,868 | $463 | 0.3 mi |
B 1409 4th Street Sold | $800,000 | 3 | 2 | 1,690 | $473 | 0.3 mi |
C 655 N Meyer Street Active | $1,100,000 List Price | 4 | 3 | 2,176 | $506 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1951, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features a fully updated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms have been modernized with contemporary tile work and vanities. Additionally, the home boasts new flooring, recessed lighting, and updated windows throughout, showing no signs of deferred maintenance and appearing move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Living Area
At 2,238 square feet, this residence offers a significantly larger interior footprint than the average three-bedroom home in the area, providing generous space for both daily living and entertaining.
- Competitive Price Adjustment
The recent price reduction from $899,000 to $875,000 demonstrates seller motivation and positions the property more aggressively within the local San Fernando market.
- Generous Lot Size
The 7,235 square foot lot provides ample outdoor space for potential landscaping, ADU possibilities, or private recreation, which is a highly desirable feature for single-family residences.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1951, the property may require significant capital investment to update aging systems, such as plumbing, electrical, or insulation, to meet modern efficiency standards.
- Market Days on Market
The necessity of a price correction shortly after listing suggests that the property may have faced initial challenges with buyer perception or valuation in the current market climate.
About 550 Fermoore
Exceptional opportunity in San Fernando. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,235 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,238 | 1,404 | 97% |
| Lot Size | 7,235 | 6,386 | 72% |
| Price | $875.0K | $760.0K | 79% |
| Price per sq ft | $391 | $547 | 7% |
| Built year | 1951 | 1952 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 196 | 7% |
Pricing History
Listed for Sale
Mar 6, 2026
$875,000
$899,000
-3% Price Drop
Initial Listing
Price Change
Jan 2, 2026
$899,000
Initial Listing