3223 San Jose AveDaly City, CA 94014

Description

INVESTOR OPPORTUNITY JUST BLOCKS FROM SAN FRANCISCO! Priced for action, this Daly City Spanish Revival is ready for an investor, contractor, or visionary buyer. The previous owner began updates and customizations on the upper level, but the property remains a work in progress and will require substantial additional renovation. The home currently presents with 3 bedrooms and 2 baths, a galley-style kitchen upstairs, a generous garage, multiple storage rooms, and a private backyard. With the right improvements, the existing footprint and lower level may offer potential for future expansion or ADU use, subject to buyer investigation and City approval. The possibilities are many! The location is a major part of the appeal. Set near Mission Street and just blocks from the San Francisco line, the property offers convenient access to San Francisco, the Peninsula, BART, Muni, SamTrans, I-280 and US-101, with San Francisco State University, City College of San Francisco and major Bay Area employment centers within easy reach. Whether this is your first renovation project or another addition to an established portfolio, this property offers the potential for meaningful value creation in a highly connected location. Due to its current condition, the property is not conventionally financeable and is best suited for cash, hard money, or a potential cash-to-primary loan via a subject-to/wraparound structure involving existing financing. Property is sold as-is, where-is.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Spanish

Year built

1938

Living area

1,160 Sq Ft

Lot size

0.05 acres

Garage spaces

2

Parking spaces

2

Days on market

11

MLS^® Listing#

41149536

Property Features

Heating

None

Fireplace

None

Pool

None

Parking

Attached · Garage

Lot features

Back Yard

Construction

Wood Siding

Roof

Shingle

Other structures

Storage

Financial Details

HOA

None

Parcel number

004022200

Directions

Cross Street: Mission St.