1131 Compass Lane 214, Foster City, California 94404, Foster City, 94404 - 2 bed, 2 bath
1131 Compass Lane 214
Foster City, California 94404
Property Price
SUMMARY
Analysis of 1131 Compass Lane 214, Foster City, California 94404 is currently available with a list price of $3,500. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Foster City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1973, this property is 51 years old. The kitchen features very old white appliances (refrigerator, coil-burner range) and dated flat-panel cabinets, indicating no major renovation in 30-50+ years. The bathroom is extremely outdated with a 1970s/80s style vanity, molded sink, old light fixture, and, notably, carpet flooring, which is highly undesirable. While the kitchen flooring appears updated, the core elements of both the kitchen and bathrooms are severely aged and would require substantial rehabilitation, not just minor updates, to meet current quality and aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated in Foster City, a highly desirable Bay Area community, the property offers excellent proximity to essential amenities including shopping, public transportation, and schools, enhancing convenience for residents.
- Desirable Unit Features
As a 2nd-floor end unit, the property benefits from increased natural light and privacy. The 'light & bright in every room' aspect, combined with a large deck, adds to its appeal.
- Generous Living Space
With 2 bedrooms, 2 bathrooms, and 1349 sqft, the condominium provides a spacious and comfortable living environment, suitable for various household configurations.
CONSRISKS & DEFICIENCIES
- Building Age & Potential for Dated Systems
Built in 1973, the building is over 50 years old, which may indicate original or aging infrastructure (plumbing, electrical, HVAC) that could require future maintenance or updates, potentially impacting HOA fees.
- Likely Dated Interior Finishes
The description does not mention any recent renovations, suggesting that interior finishes (kitchen, bathrooms, flooring) may be original or dated, potentially requiring updates to meet modern aesthetic preferences.
- Limited Parking Capacity
While secured, the provision of only one parking spot for a 2-bedroom unit could be a drawback for households with multiple vehicles or for accommodating guests.
About 1131 Compass Lane 214
Fantastic 2nd floor end unit. Light & bright in every room. Large deck overlooking a park like setting. Close to all amenities - shopping, buses & schools. Also Included is 1-car parking in the secured garage. For further information contact listing agent.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Foster City Unified Schools
Audubon Elementary School
Grades K-5 • 1.1 mi
Bowditch Middle School
Grades 6-8 • 0.7 mi
San Mateo High School
Grades 9-12 • 4.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,349 | 1,135.5 | 72% |
| Lot Size | - | - | 50% |
| Price | $3.5K | $813.5K | 3% |
| Price per sq ft | $3 | $710 | 3% |
| Built year | 1973 | 1976 | 44% |
| HOA | $0 | $750 | 3% |
| Days on market | 545 | 180 | 0% |
Pricing History
Listed for Sale
Sep 8, 2024
$3,500
Initial Listing