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Curbed LA PriceSpotter: Significance

We're stepping in for co-editor Cary this week to bring you PriceSpotter. Cary is presently following the touring company of Disney's High School Musical in his van along the east coast, but will be back in the new year. In case you're new to the game, we present you with a property for sale and give you pictures, location, and specifications. You put them together and give us an asking price. Submit your guesses in the comments, and tomorrow we'll reveal the listing price.

What/Where: 1 BR, 1 BA "magical compound" in Eagle Rock, but with a Pasadena address.
Size: approx. 1,316 sq. feet (30,000 SF lot)
Additional details: This home's structure is described thusly: "Known in architectural terms as a hyperbolic parabaloid, there are no bearing walls only partitions to delineate rooms. The circular cement roof sits on four large concrete pillars." The home also features an illegal guest unit! Bright and sunny with "views".

Guesses in the comments please.