You will need to go to much farther out to find real estate values that low. Maybe some cities in Riverside, San Bernardino, or even some parts in the high desert of LA county may have SF homes in that price range.
Kawain Payne, Realtor
Barbara Robbins-Olexa, Broker
L B Brokerage
BRE CAL Lic#797560
Servicing LA and & Orange Cty for 34+ years
Please let me know if I can be of any assistance to you with this purchase!
Nicole Fedorchek, Realtor
The lowest priced Single Family Recidence is $275k. And the lowest priced condo is priced at $179,500.
Let me know if you would look into other cities. For your budget have you considered auctions?