Property Overview:
416 Santa Barbara Ave is a multi-family fourplex in Daly City, CA, built in 1910. The property features four bedrooms, four bathrooms, and 2,407 sq. ft. of living space, plus a bonus room (2/1). Includes a parking garage. Seller is motivated with a $50,000 price reduction. Annual income is approximately $45,000.
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 6.6% (lower than state average of 11.8%).
- Property crime risk: 8.4% (lower than state average of 10.8%).
-
Schools:
Nearby schools include Woodrow Wilson Elementary, Jefferson High, and Thomas R. Pollicita Middle.- Average SAT score: 849 (below state average of 975).
-
Job Market:
- 54.5% white-collar jobs, 45.5% blue-collar jobs.
- Unemployment rate: 4.0% (lower than state average of 4.7%).
-
Demographics:
- Community population: 46,076 (7% growth since 2000).
- 75% families with children.
- Largest age group: 25-34 years (15.58%); second largest: 35-44 years (13.9%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 48.6°F (January), 62.3°F (July).
- Average rainfall: 18.9 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $67,234.
- Average annual spending: $52,518.
Property Features:
- Fourplex with bonus room (2/1).
- New exterior paint, new wood stairs (back), new front deck.
- Easy access to highways, bus, and BART.
- Parking garage included.
- Built in 1910 with 2,407 sq. ft. of living space.
- Annual income: approx. $45,000.
Location Benefits:
- Commuter-friendly: Close to public transportation and major highways.
- Family-oriented community with a high percentage of families with children.
- Relatively safe neighborhood with lower crime rates than state averages.
- Convenient access to schools, shopping, and amenities.