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In reply to the discussion: If you could change one event in history, [View all]My first husband and I bought our first house in L.A.--Studio City, actually, built in 1941--for $63,000. in 1976. We were living in an apartment in Santa Monica and couldn't afford to buy on the west side. Our realtor took us to see it the night before it was going on the market and we made a full price offer. The market was crazy back then, too. Two years later we sold it for $112,000. without doing much of anything to it and bought a larger, 2750 sq ft spec built new construction house up in the hills of Woodland Hills. My ex still lives there and the house we paid $154,000. for is now valued by Zillow at $1,064,146.
The house in Studio City was partially mansionized with an addition in the large backyard somewhere along the way. Zillow gives the house a value of $1,516,175! It's 1742 sq ft according to tax records. It was probably 1000-1100 sq ft when we owned it.