You want this permit if you live Downtown or adjacent to Coast Highway Residential Parking Permits are available only to select residential addresses in the Downtown area and those adjacent to Coast Highway. These permits allow residents to park at a City meter within one block of their residence for up to 24 hours. In addition, this permit allows parking in City lots 1-9 and at all City meters for the posted amount of time without additional payment. Permits are valid for one year from August 1st to July 31st and cost $200. You must provide proof of residency (such as a utility bill in your name).