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116 School Street, California, Daly City, - bed, bath

home-pic
ACTIVE$1,299,000
116 School Street, California
0Bed
0Bath
1,738Sqft
2,674Lot
Year Built
1940
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81902840
Home ConditionFair
Features
Patio
View-

About this home

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.

Nearby schools

4/10
Woodrow Wilson Elementary School
Public,•K-5•0.7mi
5/10
Margaret Pauline Brown Elementary School
Public,•K-5•0.8mi
4/10
Benjamin Franklin Intermediate School
Public,•6-8•0.9mi
4/10
Jefferson High School
Public,•9-12•0.2mi
7/10
Westmoor High School
Public,•9-12•1.2mi
7/10
Oceana High School
Public,•9-12•4.1mi
6/10
Terra Nova High School
Public,•9-12•7.0mi

Price History

Date
Event
Price
08/05/22
Listing
$1,299,000
Condition Rating
Fair
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its period-specific tile countertops and backsplash, which, despite being clean and functional, are aesthetically outdated by modern standards.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.
Pros & Cons

Pros

Mixed-Use Potential: This property offers significant versatility with a residential unit and a legal commercial storefront, ideal for various business or income-generating opportunities.
Meticulously Maintained & Restored: The upper residential level has been carefully preserved and restored to its original Art Deco form, indicating good condition and attention to detail.
Flexible Additional Space: A separate downstairs family room provides potential for an in-law studio or office, adding functional value and adaptability.
Preserved Period Details: The home boasts original Art Deco moldings, frames, and fixtures, appealing to buyers seeking unique character and historical charm.
Convenient Location: Conveniently situated near many amenities and public transportation, enhancing desirability for both residential and commercial occupants.

Cons

Age of Property: Built in 1940, the property's age may imply potential for higher maintenance costs or unforeseen issues with older infrastructure, despite stated restoration.
Limited Residential Bathroom Count: The residential unit features only one bathroom for two bedrooms, which could be inconvenient for multiple residents or families.
Mixed-Use Operational Considerations: The combination of residential and commercial spaces might introduce considerations such as noise, privacy concerns, or differing operational needs for occupants.

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