We’ve lived west of 5, east of 101 for 6 years, and the side streets look a lot different already. Every time an older home sells, in 4-5 months it’s been relandscaped, given the “modern minimalist touch” (grey modern fixtures, teak wood fence, minimalist frosted glass garage door) and the true beaters are torn down or given a second story.
Even longtime owners are able to sell ranches and bungalows for low 1mms as long as the lot isn’t too weird. Same for multifamily. The apartment complex on the corner of hillcrest had tenants leave, was taken to the studs, remodeled. A lot of the apartment complexes on vulcan have come up for sale in the past few years.