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On the Market: Grass Lot with Shed House

A reader points us to this "priced to sell" charmer in bat shit crazy land of Santa Monica, where a postage stamp is valued by square footage. The 576 sq. ft. home features one bedroom, one bathroom, a one car garage and Old Glory, proudly flapping about like amber waves of grain.If it wasn't so difficult to build anything in Santa Monica, it might be classified as a tear down, but you're pretty much stuck with it. Just add a deck some landscaping and milk that lot for every penny of your investment dollar. Six blocks to the beach!
What/Where: Single Family Home, Santa Monica
Sq. Footage: 576 SF home on 3,276 SF lot
Retail Price: $869,000
· 614 GRANT ST, SANTA MONICA, CA 90405 [TheMLS.com]