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At just 600 square feet, this itty-bitty 1920s bungalow is an exercise in efficient living. No pack rats allowed. Yet the one bedroom, one bath (with a small den that could be a second bedroom) in the neighborhood-with-no-name north of Baldwin Hills is sort of charming. According to the listing, the house has "new wood floors & paint..new appliances & cabinetry. Luxurious new bath. Copper plumbing, tankless H20 heater. New stucco & windows, finished garage." The bungalow first went on the market in mid-Dec of last year, with an asking price of $465,000 and has since been pricechopped three times. Today's asking price: $349,000. That's $582 a square foot.