Moldy, 1-Bedroom Silver Lake House Listed For $900K

LOS ANGELES, CA — If you needed proof that Los Angeles real estate is still a seller's market, look no further than this one-bedroom, one bath, 871 square-foot Silver Lake home snatched up at nearly $1 million.

In some places the paint is peeling off the ceiling and in others, its concealed by a layer of mold, but it's hard to find property in Silver Lake for less than a million. And who cares about the paint job if your just going to tear it down anyway? Listed as a "FIXER," the home is conveniently closed to Sunset Junction, and it's zoned for multiple units. It also boasts views of the Hollywood sign. According to Realtor.com, a deal for this house is already pending.

• Address: 1720 Griffith Park Blvd, Los Angeles, California
• Price: $899,000
• Square Feet: 871
• Bedrooms: 1
• Bathrooms: 1 Baths
• Built: 1921
• Features: Prime Silver Lake FIXER on a large hillside lot with amazing views perfect for investor, developer or owner-user. Located just steps from Sunset Junction, this 1BR/1BA bungalow requires significant work but offers the opportunity to rehab a unique hillside home or expand to take advantage of the RD1.5 zoning which allows up to 5 units. A 4-car carport greets you at street level and a gated entry provides great privacy. Mature trees and lush landscaping create a magical feeling throughout the property. The home features a large living room, kitchen, a spacious bedroom and bathroom as well as room under the home for additional living or bonus space. The backyard has a patio area along with koi pond and is private and tranquil. Incredible views of the Hollywood sign and the city are visible throughout the property. Great central Silver Lake location close to many shops, restaurants and nightlife.

This listing originally appeared on realtor.com. For more information and photos, click here.