385 Verbena St

Nipomo, CA 93444

$1,195,000

4 beds
3 baths
2,057 sq ft
1 acres
Built 1988

Listed by HomeSmart, Evergreen Realty · MLS #PW26240826

Listing status & updates

MLS last changed: Not supplied by this listing source
Availability last checked: No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

385 Verbena St, Nipomo, CA 93444 — photo 1

View full photo

1 / 28

Interested in this property?

Team ERA is here to help. Tell us what you’re looking for, and we’ll connect you with a local ERA professional.

Schedule a showing Ask a question

Contact the property team

PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

385 Verbena St, Nipomo, CA 93444 · MLS #PW26240826

I’d like toYour nameEmail addressPhone number

Your preferred tour

Tour typePreferred datePreferred time

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Price you’d like to discuss ($)Target closing date

Your question

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

San Luis Obispo County’s updated ordinance may potentially allow additional accessory dwelling units on parcels with an existing single-family home—potentially up to three accessory dwellings per parcel.

Living spaces

The home offers flexible living spaces, including a formal dining room, living room, and a separate family room with a fireplace.

Year built

Built in 1988.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Enjoy the best of Central Coast living with a peaceful country setting just minutes from the city and the beach. Situated on a spacious, usable one-acre lot on a quiet street, this property offers endless possibilities for outdoor living and entertaining, gardening, recreation, and more.

The expansive backyard features a barn and plenty of room for an extensive garden, swimming pool, sports court, chickens, pets, and your own outdoor retreat. Enjoy the nearby amenities of the Trilogy at Monarch Dunes community and golf course—just three miles away—without the HOA fees.

The home offers flexible living spaces, including a formal dining room, living room, and a separate family room with a fireplace. The kitchen offers room for future expansion, while the laundry room includes a sink and ample storage.

Improvements completed in 2019 include a new roof on both the main house and barn, as well as a new water heater and water-softening system. Also in 2019, two bedrooms were converted into private suites, each with a separate entrance, new windows and doors, updated flooring, IKEA kitchenettes, and refreshed bathrooms.

With rental income potential and flexible space for multigenerational or multi-family living, this property offers a unique combination of country charm and investment possibilities.

San Luis Obispo County’s updated ordinance may potentially allow additional accessory dwelling units on parcels with an existing single-family home—potentially up to three accessory dwellings per parcel. Buyers are encouraged to verify all development possibilities, zoning, permits, and requirements with San Luis Obispo County.

Explore the location More properties in Nipomo

THE NEIGHBORHOOD

Explore the location.

385 Verbena St, Nipomo, CA 93444

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1988
Full baths: 2
Garage spaces: 2
Cooling: None
Heating: ForcedAir
Appliances: Dishwasher,GasRange,Refrigerator,WaterSoftener,Washer
Flooring: Carpet,Laminate,Tile,Vinyl
Utilities: NaturalGasConnected
Fencing: AverageCondition
Accessibility: None
Pool: No
Pool features: None
Spa: No
Subdivision: Nipomo(340)
Parcel: 092561022
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$4,979.17

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions

Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimate Talk through your management needs

Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

Listing information

MLS #PW26240826 · California Regional MLS

Listing brokerage: HomeSmart, Evergreen Realty
Listing agent: Aaron Borja

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.