What you can buy for under $400,000
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937 Lincoln Blvd., #5, Santa Monica 90403
Listed for: $399,000
Size: The studio, with one bathroom, has 467 square feet of living space.
Features: The contemporary-style unit is in a 1930s Spanish building. It has an updated tile kitchen with stainless-steel appliances and a breakfast area. There are hardwood floors and a garden view from the living room.
About the market: In the 90403 ZIP Code, based on 25 sales, the median price of resale condominiums in the first quarter was $725,000, up 3.9% from the first quarter of 2008, according to MDA DataQuick.
MLS ID: 09-346093
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20642 Clark St., Woodland Hills 91367
Listed for: $370,000
Size: Three bedrooms and two bathrooms in 1,200 square feet
Features: The single-family house, built in 1959, is one story and has an open floor plan combining the living and dining rooms. There is a fireplace, a two-car garage and central air-conditioning.
About the market: In the 91367 ZIP Code, based on 54 sales, the median price of resale homes in the first quarter was $535,000, down 2.7% from the first quarter of 2008, according to DataQuick.
MLS ID: F1793175
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4170 Fair Ave., #103, Studio City 91602
Listed for: $399,000
Size: Two bedrooms and two bathrooms in 1,240 square feet.
Features: The one-level contemporary condo, built in 2006, features a fireplace, a balcony, wood floors and a dining room. The kitchen has stainless-steel appliances and cherry cabinets.
MLS ID: F1798004
About the market: In the 91602 ZIP Code, based on six sales, the median price of resale condominiums in the first quarter was $395,000, down 10.5% from the first quarter of 2008, according to DataQuick.
-- Lauren Beale
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Source: Realtor.com
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