We probably shouldn't take any lessons from this little one bedroom, one bathroom in Echo Park, which came on the market in April asking $419,000. It's only 601 square feet and it last sold for only $100,000 (in 2002), and it sold for exactly asking last month at $419,000. But every real estate expert knows that freestanding tiki bars always throw the numbers completely off.
· Tiny But With a Tiki Bar in Echo Park [Curbed LA]
· 2310 LAKE SHORE Ave [Redfin]