62 Palisades Drive, Daly City, California 94015, Daly City, 94015 - 3 bed, 2 bath
62 Palisades Drive
Daly City, California 94015
Property Price
SUMMARY
Analysis of 62 Palisades Drive, Daly City, California 94015 reveals a property with a current list price of $1,488,000, which is 13% above the estimated $1,316,139 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Daly City 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 62 Palisades Drive Subject | $1,488,000* List Price | 3 | 2 | 1,160 | $1,135 | - |
A 490 Westmoor Avenue Sold | $1,260,000 | 3 | 3 | 1,330 | $947 | 0.4 mi |
B 61 Windsor Drive Sold | $1,200,000 | 2 | 1 | 1,300 | $923 | 0.8 mi |
C 876 N Mayfair Avenue Sold | $1,360,000 | 3 | 3 | 1,400 | $971 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1957, this property is well-maintained and features desirable mid-century elements like open-beam ceilings and hardwood floors, but it lacks a recent comprehensive renovation. The kitchen and bathrooms, while functional, appear to feature older styles consistent with a home of this age. Furthermore, the presence of a large (850 sq. ft.) unfinished ADU indicates that the property requires significant additional investment and construction to reach its full potential.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
- Exceptional Coastal Views
The property offers breathtaking, panoramic views of the Pacific Ocean, Bay, and city lights, providing a serene coastal atmosphere and significant lifestyle appeal.
- Significant Expansion Potential
Features a rare, approximately 850 sq. ft. unfinished ADU, offering a massive opportunity for future rental income, a home office, or multi-generational living.
CONSRISKS & DEFICIENCIES
- Unfinished Space & Permit Risk
The ADU is currently unfinished and requires significant capital investment; buyers must also assume the risk of verifying all permits and development potential.
- Compact Primary Living Area
With only 1,160 sq. ft. for a three-bedroom residence, the main living footprint is relatively small, which may feel restrictive for some buyers at this price point.
About 62 Palisades Drive
Perched in the highly sought-after Palisades neighborhood, 62 Palisade Dr, Daly City offers sweeping ocean views, coastal tranquility, and exceptional expansion potential. This 3-bedroom, 2-bathroom residence spans approximately 1,160 sq. ft., and adding a remarkable upside is an approximately 850 sq. ft. unfinished ADU, presenting a rare opportunity for customization, whether for extended family living, guest quarters, home office, or future rental income. (buyer to verify permits and development potential). The light-filled living room showcases open beam ceilings and a classic bay window, framing the natural beauty outside while creating a warm and inviting atmosphere. Hardwood and tile flooring add timeless character throughout. Wake up to ocean breezes and unwind with sunset views. Just moments from parks and scenic outdoor spaces, the location offers the perfect blend of peaceful retreat and everyday convenience. A compelling coastal offering with both lifestyle appeal and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 3,353 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Daly City Unified Schools
Marjorie H. Tobias Elementary School
Grades K-5 • 0.3 mi
Garden Village Elementary School
Grades K-5 • 1.1 mi
Thomas Edison Elementary School
Grades K-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,160 | 1,585 | 11% |
| Lot Size | 3,353 | 3,400 | 39% |
| Price | $1.49M | $1.27M | 82% |
| Price per sq ft | $1.3K | $818 | 97% |
| Built year | 1957 | 1959 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 148 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,488,000
Initial Listing
Sold
May 6, 2013
$643,000
Public Record
Sold
Nov 30, 2012
$500,500
Public Record