Feb. 20, 1938
Los Angeles
Adjusted for inflation, the price on the first home ($18,750) is $268,116.31 USD 2007. Zillow lists it at $1.7 million. The last home ($28,800) is $411,826.66 USD 2007. Zillow lists it at $3.6 million. I guess this would be an appropriate time to mention deed restrictions. At this time, people of color were barred from owning or renting homes in many neighborhoods of the city. The legal battles over these restrictive covenants gathered momentum after World War II.
ladailymirror.com 
The builder, Janss, also constructed parts of UCLA, and is immortalized by the grand staircase near Royce Hall called Janss Steps. Go Bruins.
Can you imagine KB Homes or Standard Pacific building parts of a university today? Standard Pacific Steps??
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