Although this LA house is barely bigger than a parking space, it’ll cost you half a million dollars.
This week, a 264-square-foot house in Beverly Glen listed for $499,000. Do the math: The price per square foot is a not-so-tiny $1,890.15.
Located near celeb hot spot Beverly Hills, the zero-bedroom, one-bathroom shack, first spotted by Curbed LA, may have a lower sticker price than nearby homes, but its cost per square foot puts it in the realm of megamansions — and beyond!
By comparison, a $10.8 million, 14,600-square-foot spread nearby is priced at $740 per square foot, a five-bedroom, five-bathroom pad in Bel Air is asking $4.3 million, or $977 per square foot, and a $1.8 million, 2,452-square-foot house hopes to fetch $734 per square foot. A pittance compared with the tiny shack’s aspirations.
This isn’t the first obscenely priced shed to hit the market. In April, a 12-by-26-foot “home” in Gravesend, Brooklyn, listed for $499,000.
The LA cottage — with its sky-high price per square foot — is being billed as an artist’s and writer’s retreat; it includes skylights, a carport with a deck and a cute backyard.
But could LA’s pool of struggling actors ever afford these digs? We think not.