Property Overview:
71 Fernwood Ave is a single-family home in the Westlake Palisades neighborhood of Daly City, CA 94015, built in 1956. It features 3 bedrooms, 2 bathrooms, and 1,230 sq. ft. of living space on a 3,500 sq. ft. lot. The home includes a two-car tandem garage, central heating, and a recently painted exterior. The estimated market value is between $1,028,000 and $1,076,000. The property last sold for $1,140,000 in May 2020.
Neighborhood Highlights:
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Crime Rate:
- Low overall crime risk (personal crime risk: 3.4%, property crime risk: 4%; both below state averages).
- Only 2 criminal and sex offenders reside within 1 mile.
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Schools:
- Nearby schools: Fernando Rivera Intermediate, Franklin Delano Roosevelt Elementary, Marjorie H. Tobias Elementary, Benjamin Franklin Intermediate, and Westmoor High.
- Average SAT score: 826 (lower than state average of 975).
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Job Market:
- 64.9% white-collar jobs, 35.1% blue-collar jobs.
- Unemployment rate: 3.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 63,068 (3% growth since 2000).
- 72% families with children.
- Largest age group: 25-34 years (15.58%); second largest: 45-54 years (14.46%).
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Natural Disaster Risk:
- Very high earthquake risk.
- Very low tornado risk.
- Minimal flood risk.
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Weather:
- Average temperature: 47.7°F (January), 65.3°F (July).
- Average rainfall: 16.7 inches/year.
- No snowfall.
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Cost of Living:
- Median household income: $65,836.
- Average annual spending: $51,771.
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Home Values:
- Average sale price for similar homes: Ranges from $932,802 to $1,072,112.
Property Features:
- Mid-century Henry Doelger home with gleaming parquet hardwood floors.
- Open-concept living and dining room with wood-burning fireplace and expansive picture window.
- Spacious eat-in kitchen.
- Large tiled bath with separate shower and tub.
- Three ample bedrooms with large closets.
- Lower level:
- Expansion possibilities (potential 4th bedroom/family room).
- Laundry area and storage.
- Two-car tandem parking.
- Desirable, low-maintenance, large level backyard.
Location Benefits:
- Incredible location close to freeways, BART, Serramonte and Westlake Shopping Centers.
- Minutes to Downtown San Francisco, Mid-Peninsula, Lake Merced, the beach, and public library.
- Commuter-friendly with easy access to major highways and public transportation.
- Family-oriented community with good schools and amenities nearby.