Not all lots are created equal

Here's how three different zip codes house $1.35 million

Variety Weekend set a budget and then trekked across the city to see what it would buy.

3119 Barbara Ct., Hollywood Hills/Cahuenga Pass 535 Ocean Ave., #1C (Ocean Aire), Santa Monica
4933 Texhoma Ave., Encino
3119 Barbara Ct.
Hollywood Hills/Cahuenga Pass
535 Ocean Ave.
#1C (Ocean Aire)
Santa Monica
4933 Texhoma Ave.
Encino
WHERE: The Cahuenga Pass, adjacent to the Hollywood Hills
WHAT YOU GET: A five-bedroom, three-bathroom Cape Cod-style home. Built in the 1940s and expanded in the ’90s, this $1.3 million home offers good value; a comparable mid-century home nearby is on the market for $1.6 million. It also has this area’s holy trinity: a flat, grassy yard; mature landscaping to buffer freeway noise; and a view.
WHAT YOU DON’T: Mid-century and Spanish styles get top dollar in this area.
CONTACT: Karen Medved, Keller Williams Realty Los Feliz (310) 266-4636
WHERE: Santa Monica, across from Palisades Park
WHAT YOU GET: A one-bedroom, one-bath condo in a 1963 high rise. This pristine unit offers an architectural pedigree (the building was designed by A. Quincy Jones) and high-end amenities, including 24-hour concierge service, a “Zen” garden and a fitness center, all in the desirable “north of Montana” location.
WHAT YOU DON’T: Ocean-view units in this building sell for north of $2 million; this 1,100 sq. ft. condo faces the building’s garden. “You’re literally getting in on the ground floor here,” says Aisha Ayers of deasy/penner & partners.
CONTACT: Aisha Ayers, deasy/penner & partners, (310) 804-0410
WHERE: Encino, on a cul-de-sac
WHAT YOU GET: A three-bedroom, three-bath ranch house with a pool. Mid-century style is being rediscovered by modernist design fans, and there’s no shortage of such homes in Encino. “They’re almost inevitably updated,” says Gregory Manns of Coldwell Banker’s Sherman Oaks office. (Think granite counters and travertine marble baths.)
WHAT YOU DON’T: Manns says most of his buyers are former Westsiders who couldn’t find the lot and square footage they wanted. This neighborhood may not have the same imprimatur, but the address is the preferred “south of the boulevard” — i.e., Ventura.
CONTACT: Gregory Manns, Coldwell Banker, Sherman Oaks, (818) 995-2424

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