So you’re thinking of living on: Malabar Street, Boyle Heights

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From time to time I try to match a news event to a neighborhood and to some housing prices. A reality check if you will.

News event: ‘A Boyle Heights gun battle between Los Angeles police officers and a group of drug suspects Thursday left a narcotics detective wounded and a suspect dead.’

The neighborhood: The 2500 block of Malabar Street in Boyle Heights.

Housing prices: I checked Zillow ‘Zestimates’ on 17 properties on this block. Median estimated value on the 2500 block of Malabar Street: $355,000. A few of the houses are multi-family homes with ‘Zestimates’ over $500,000, so they drive up the median.

What does a $355,000 house look like? Here’s 2527 Malabar Street: Two bedrooms, one bath, 1,008 square feet on a 4,600 square foot lot. It’s possible Zillow’s numbers are high, so here’s a home on the market right now in the neighborhood: 2506 East Fairmount Ave., two bedrooms and one bath, listed for $360,000.

Your thoughts? Comments? E-mail story tips to peter.viles@latimes.com
Photo Credit: L.A. Times.