What can you buy for $2,000 a month?

San Francisco

Address: 249 Peru Ave.
Price: $495,000
Square feet: 875
Cost per square foot: $566

Brace yourself for a plunge into the most expensive real estate market in the country, where the median list price was $867,280 in March. The main selling point of this two-bedroom, one-bath home? Location. Location. Location. It's in the Excelsior area of San Francisco, just three-quarters of a mile from the Glen Park BART station. John McLaren Park, the city's second-largest public space, home to the Jerry Garcia Amphitheater and a golf course, is a half-mile walk. As for the house itself, you won't be wowed by its curb appeal or spacious interior — it's the second-smallest residence in our slide show. But we think it provides a clean and functional place to live with new carpets, fresh paint, a sunny living room and large storage area in the basement. That's a pretty good buy for a measly half-million dollars in San Francisco.

See more photos of this California home.

Contact: Ken Kwok of Coldwell Banker Residential Brokerage at 650-642-5548.