Sounds like an incredible deal.

Sales fell sharply at Internet retailers, bars and restaurants, and electronic stores, accounting for most of the decline last month.

Unless you have an incredible connection you can rule out Carmel, Pacific Grove, and Pebble beach. 

Plus furnishing a 1BR probably won't take an incredible amount of furniture. 

Maybe Murphy's Oil soap all of the wood and leave it as is and see if it rents.I say that because you don't know what's behind that paneling (cost $$$)(40 layers of wallpaper, giant cracks in the lath and plaster, etc...) and from the pic it looks like a lot of cabinets (cost $$$) to replace.If it were mine and I decided to leave it as is, I'd probably do the kitchen floor in (period type) 12 x 12 squares and replace the carpet with dark LVP and see how much rent I could get for it.Probably a new Formica top and a new Dish Washer (just to avoid service calls on the old one) and Greige the wall color.Of course from the pics I can't tell the condition of the cabinets--but have have seen similar ones of that age in incredible shape.Good Luck!

As a side note, try offering "Free Internet" some time with rents marked $100-$150 higher than you'd normally ask and watch the responses, it will blow your mind.  

So what are your experiences pros and cons.Side note: in looking at rooms WANTED I see several that are looking for hi-speed internet. 

@Joseph Back as always thanks for your incredibly helpful recommendations. 

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I have never worked with a HML that I found on the internet.