116 School Street, California, Daly City, 94014 - 0 bed, 0 bath
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California
Analysis of 116 School Street, California is currently available with a list price of $1,299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the California 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.
Property is moderate renovation needed.
Built in 1940, this property has been meticulously maintained and restored to its original Art Deco form, as stated in the description. While the upper level features refinished hardwood floors and fresh paint, the kitchen retains its period-specific tile countertops and backsplash, which, despite being clean and functional, are aesthetically outdated by modern standards. The lower level kitchenette is significantly more dated with older appliances and yellow tile. Although the property is move-in ready and well-kept, the emphasis on preserving original 'deco' features means key areas like the kitchens and likely the bathroom show signs of being outdated, requiring minor updates for contemporary appeal. This aligns with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
This property offers significant versatility with a residential unit and a legal commercial storefront, ideal for various business or income-generating opportunities.
The upper residential level has been carefully preserved and restored to its original Art Deco form, indicating good condition and attention to detail.
A separate downstairs family room provides potential for an in-law studio or office, adding functional value and adaptability.
Built in 1940, the property's age may imply potential for higher maintenance costs or unforeseen issues with older infrastructure, despite stated restoration.
The residential unit features only one bathroom for two bedrooms, which could be inconvenient for multiple residents or families.
The combination of residential and commercial spaces might introduce considerations such as noise, privacy concerns, or differing operational needs for occupants.
This mid century mixed use property provides immense possibilities. The upper level is a 2 bedroom & 1 bathroom home that has been meticulously maintained & restored to its original Art Deco form. Mid Century Big & bright living room freshly painted and hardwood floors refinished along with a wood burning fireplace. Dining area with spectacular chandelier & skylight. Large eat in kitchen. 2 spacious bedrooms with ample closet space. Large full deco bathroom with tub & stall shower. Throughout the home you will notice all of the period details and charm - moldings, frames, and fixtures. Downstairs is a separate family room that can be a potential in law studio or office. Additionally is legal commercial storefront with separate entrance & bathroom that would be ideal for retail, professional or service business. Must see this property to see the full potential. This is a rarely available mixed used property close to many amenities & conveniently located near all public transportation.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1940 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Aug 5, 2022
$1,299,000
Initial Listing