
Daly City, California 94014
This property presents a High-Potential Investment Opportunity with a List Price of $998,800—positioned well below the $1,137,035 Fair Market Value by 12%. This valuation gap offers $138,235 in Instant Equity for buyers. Featuring a 4-bedroom, 3-bath multi-generational layout with stunning ocean views, the home has a Condition Rating of 4, indicating a need for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through strategic renovations in a prime commuter-friendly location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 158 Melissa Cir Subject | $998,800* List Price | 4 | 3 | 1,940 | $586 | - |
A 132 School Street Active | $1,095,000 List Price | 3 | 2 | 1,686 | $649 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property is over the 20-year threshold for original systems and finishes. The listing description explicitly mentions the need for 'personal touches' and 'TLC' to unlock its potential, indicating that the kitchen, bathrooms, and likely the HVAC/electric systems are dated and require modernization or minor repairs.
The home features a versatile floor plan with a private lower-level living area, including a separate entrance, bedroom, and full bath, perfect for guests or extended family.
Located in a gated community just minutes from BART and I-280, this property offers exceptional accessibility for professionals commuting to San Francisco or Silicon Valley.
The elevated position and balcony provide beautiful city and ocean views, adding a premium aesthetic appeal and enhancing the overall living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1940, other record living area = 1290. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2678, living area = 1940.
The property is noted as needing 'TLC' and personal touches, indicating that buyers should expect immediate additional investment for repairs and modernization.
Welcome to 158 Melissa Circle, a wonderful opportunity in the desirable gated community of Grand View Village. This versatile home offers approximately 1,940 sq. ft. of living space with 4 bedrooms and 3 full bathrooms, featuring a flexible floor plan ideal for extended family living, guests, or multi-generational households. The lower level includes a private living area with 1 bedroom, 1 full bathroom, a spacious living room, and its own separate entrance, offering added privacy while still being connected to the main residence. Upstairs, you’ll find the primary suite, 3 additional bedrooms, 2 full bathrooms, a bright kitchen, dining area, and an inviting living room that opens to a balcony. Enjoy beautiful city and ocean views on clear, sunny days. Located within a gated HOA community, this home offers a peaceful setting while remaining close to everyday conveniences. The property is just minutes from shopping, dining, schools, parks, public transportation, BART, and major commuter routes including I-280, providing easy access to both San Francisco and Silicon Valley. The Grand View Village neighborhood is known for its convenient location and quiet residential atmosphere. This home presents an excellent opportunity for buyers looking to add their own personal touches and create their dream home. With great bones, a desirable floor plan, and stunning views, a little TLC will go a long way in unlocking this property’s full potential.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,940 | 1,512.5 | 72% |
| Lot Size | 2,678 | 2,500 | 61% |
| Price | $998.8K | $1.17M | 33% |
| Price per sq ft | $515 | $726 | 11% |
| Built year | 1998 | 1954 | 78% |
| HOA | $148.0 | $0 | 94% |
| Days on market | 15 | 136 | 11% |
May 30, 2026
$998,800
Initial Listing