16050 Via Olinda, San Lorenzo, California 94580, San Lorenzo, 94580 - 3 bed, 3 bath
ACTIVE$838,000$1,498/sqft
Est. Value: $816,876
-2%
FairlyEstimate
16050 Via Olinda, San Lorenzo, California 94580
3Beds
3Baths
1,498Sqft
5,100Lot
Price Vs. Estimate
The estimated value ($816,876.315) is $21,123.685 (2%) lower than the list price ($838,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Multi-Generational Living Potential: The property is explicitly designed for multi-generational living with distinct front and back portions, including a private suite and separate living areas, offering privacy and shared spaces.
Top Cons:
Age of Property & Potential for System Updates: Built in 1945, the home may require updates to major systems (e.g., electrical, plumbing, HVAC) to meet modern standards or preferences, as implied by 'make it your own'.
Compared to the nearby listings
Price:$838.0K vs avg $829.0K (+$9,000)53%
Size:1,498 sqft vs avg 1,363 sqft74%
Price/sqft:$559 vs avg $63027%
More Insights
Built in 1945 (81 years old).
Condition: Built in 1945, this property shows a mix of updates. While some areas, particularly the 'back portion' with the second kitchen and a bathroom, appear to have been renovated within the last 5-15 years with modern flooring and fixtures, the main kitchen and at least one bathroom feature styles and appliances that are 15-30 years old. The main kitchen has functional but dated light wood cabinets and a black refrigerator, and one bathroom has a noticeably older aesthetic. The property is well-maintained and move-in ready, but the inconsistency in renovation ages and the presence of several outdated components indicate that minor updates would be required to bring the entire home to a cohesive, modern standard.
Year Built
1945
Close
-
List price
$838K
Original List price
$838K
Price/Sqft
$559
HOA
$13
Days on market
-
Sold On
-
MLS number
ML82030548
Home ConditionFair
Features
View-
About this home
Perfect for multi-generation living! This 3 bed/3 bath single-family home in the desirable San Lorenzo Village offers plenty of space and flexibility.The front portion features 2 bedrooms, 1 bathroom, a spacious living and dining room, and an open kitchen. Step through the connecting door to discover the back portion with a wet bar and breakfast area, a cozy family room, a private bedroom suite, plus 2 bonus rooms for office, hobby, or guest use. The backyard includes a sturdy enclosed shedideal for storage or a home officealong with a decent-sized yard for gatherings or gardening. Additional highlights include hardwood flooring throughout and a one-car garage. Dont miss this unique opportunity to make it your own!
G
Gloria Chun
Listing Agent
Price History
Date
Event
Price
10/17/18
Sold
$728,000
Condition Rating
Fair
Built in 1945, this property shows a mix of updates. While some areas, particularly the 'back portion' with the second kitchen and a bathroom, appear to have been renovated within the last 5-15 years with modern flooring and fixtures, the main kitchen and at least one bathroom feature styles and appliances that are 15-30 years old. The main kitchen has functional but dated light wood cabinets and a black refrigerator, and one bathroom has a noticeably older aesthetic. The property is well-maintained and move-in ready, but the inconsistency in renovation ages and the presence of several outdated components indicate that minor updates would be required to bring the entire home to a cohesive, modern standard.
Pros & Cons
Pros
Exceptional Multi-Generational Living Potential: The property is explicitly designed for multi-generational living with distinct front and back portions, including a private suite and separate living areas, offering privacy and shared spaces.
Highly Flexible Floor Plan: Features like a wet bar, breakfast area, family room, and two bonus rooms provide significant versatility for various uses such as home offices, hobby rooms, or guest accommodations.
Desirable Neighborhood Location: Situated in the 'desirable San Lorenzo Village,' indicating a sought-after community with potential for good local amenities and a stable environment.
Valuable Outdoor Amenities: Includes a decent-sized yard for gatherings or gardening, complemented by a sturdy enclosed shed ideal for additional storage or a dedicated home office space.
Classic Hardwood Flooring: Hardwood flooring throughout the home adds aesthetic appeal, durability, and is a desirable feature for many buyers.
Cons
Age of Property & Potential for System Updates: Built in 1945, the home may require updates to major systems (e.g., electrical, plumbing, HVAC) to meet modern standards or preferences, as implied by 'make it your own'.
Limited Garage Capacity: A single-car garage may be insufficient for a multi-generational household or families with multiple vehicles, potentially leading to street parking reliance.
Potential for Layout Inconsistencies: While flexible, the distinct 'front portion' and 'back portion' connected by a door might suggest a less cohesive flow for some buyers, potentially indicating an addition rather than an originally integrated design.