Monday, September 1, 2008

Daly City, CA Modern

Here is a great ocean-view 2-bedroom mid-century modern house in Daly City, the town that inspired Malvina Reynolds to write the song “Little Boxes” in the 1960s, listed for $418,000. This house’s previous owner paid $730,000 for it about three years ago (5/27/2005), and Zillow.com estimates its current value to be $578,500.


This rental value of this house would be about $2,200 per month, so it does not seem likely that it would work for an investor looking for an income-producing property. It could, however, be a good opportunity for an owner-occupant. Much of the original detail appears to be intact in this classic Westlake house, and with some minor renovation this REO could be renovated/restored to be quite a cool pad. The close proximity to San Francisco makes this area desirable despite the oft-gloomy weather, and this house is worth a look if you’re looking for a mid-century modern project house in the Bay Area.



The basics...
Address: 1344 South Mayfair Avenue, Daly City, CA 94015
Current Listing Price: $418,000
PREVIOUS Sale Price: $730,000 (5/27/2005)
Size: 2 Bedrooms, 1 Bathroom; 1,060 square feet
Lot: .08 acres














No comments: