What $1.4 million buys right now in three L.A. neighborhoods

Here’s a look at what roughly $1.4 million buys right now in the L.A. neighborhoods of Studio City, Mid-Wilshire and Valley Glen.

STUDIO CITY: Fresh on the market, this 1920s home opens to a living room with wood-beamed ceilings and a brick fireplace.

Address: 12203 Laurel Terrace Drive, Studio City, 91604

Listed for: $1.399 million for three bedrooms, two bathrooms in 1,524 square feet (6,000-square-foot lot)

Features: Corner lot; hardwood floors; vaulted ceilings; French doors

About the area: In the 91604 ZIP Code, based on 22 sales, the median sales price for single-family homes in February was $1.438 million, down 4.6% year over year, according to CoreLogic.

MID-WILSHIRE: White walls mix with dark hardwood floors in the bright living spaces of this charming, ivy-covered home.

Address: 1012 S. Longwood Ave., Los Angeles, 90019

Listed for: $1.389 million for three bedrooms, 1.75 bathrooms in 1,593 square feet (6,270-square-foot lot)

Features: Vaulted ceilings; spacious kitchen; master suite with private entrance; covered patio

About the area: In the 90019 ZIP Code, based on 14 sales, the median sales price for single-family homes in February was $1.115 million, down 7.1% year over year, according to CoreLogic.

VALLEY GLEN: Palm trees frame the entry of this Mediterranean-style estate, leading into chandelier-topped living spaces ideal for entertaining.

Address: 5807 N. Wilkinson Ave., Valley Glen, 91607

Listed for: $1.3995 million for five bedrooms, 3.75 bathrooms in 4,162 square feet (6,423-square-foot lot)

Features: High ceilings; kitchen with breakfast bar; master suite with fireplace; spacious backyard

About the area: In the 91607 ZIP Code, based on nine sales, the median sales price for single-family homes in February was $1.185 million, up 37% year over year, according to CoreLogic.

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Twitter: @jflem94

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