New to Market: Somewhat Reasonable in Silver Lake?

Just down the street from that Silver Lake foreclosure couple's home is this three-bedroom, two-bath home that's listed at $675,000. Seeing a home--that isn't a complete hovel--listed at $675,000 in Silver Lake is notable, so let's inspect further. According to the listing, the 1,722-square foot home is a "bright craftsman home," a place where you can "sit on the front deck to unwind with the scenic views or relax in the exquisite private landscaped rear yard after a long day." And it's described as a "parklike setting with peace & tranquility" so we're guessing you're not going to hear either Glendale Blvd or Route 2. Additionally, the listing notes that "floor plan/termite report and disclosures are attached for review." Let's hope termites haven't chewed away too much of this home, but if the front is missing, we'll all know why this home is priced the way it is.
· 2257 Cove Ave [Redfin]