NORTHEAST L.A. Nestled in the hills of Highland Park, this 112-year-old Craftsman boasts three bedrooms and plenty of development potential.

Address: 6517 Meridian St., Los Angeles, 90042

Listed for: $699,000 for three bedrooms, one bathroom in 1,165 square feet (8,000-square-foot lot)

Features: Circular planters; covered front porch; laminate wood floors; spacious tiered lot

About the area: In the 90042 ZIP Code, based on 14 sales, the median price for single-family homes in April was $838,000, down 2.8% year over year, CoreLogic reports.