In L.A.’s hottest neighborhoods, half a million dollars won’t buy you much. This tiny home, just 480 square feet, recently hit the market in the Los Feliz neighborhood with a price tag of $449,000.
That will get you one bedroom, one bathroom, a small galley kitchen, a living room and an office, as well as a stone-covered front yard. Central air is not included.
“Price-wise, it really stands alone, because the only direct competition at this price-point are condos,” said Tracy Do, the home’s listing agent.
The owners have made the most of their limited space, adding a picnic table and seating lounge to the front yard, which is gated with a rustic wooden fence. The minimalist interior and natural light flooding in from the windows keep the home looking spacious, despite its tight quarters. The earthy green tones of the 1920 California bungalow and kitschy memorabilia inside perfectly match the atmosphere of the neighborhood.
But it’s not just the house you’re paying $935 per square foot to get; it’s the location.
“There's a clear trend in the growing interest that people have in living with less, in smaller-footprint homes that are more accessible to work, play and public transit,” Do said.