| Lots in the neighborhood are small, many only 25' - 30' wide by 80' - 90' deep. The zoning is predominately RD-1.5, a multiple-residential zoning requiring 1500 sq. ft. per unit. There is little, if any, vacant land available; the emphasis is on restoring and enlarging existing homes and tearing down the old to make way for new.
There are quite a few 20's California bungalows, most small with 1-3 bedrooms, which sell from the just below $1,000,000 to over $1,500,000. Larger Craftsman and newer contemporary homes can sell for well over $2,000,000. The area has many 2-4 unit properties which sell from $1,000,000 and up to over $2,000,000. |