The sunshine yellow paint job is brand new. | Photos courtesy of Betsy Hutchinson/Coldwell Banker

Complete with a lush yard and sweeping lake views. Location: Echo Park, Los Angeles
Year built: 1926
Specs: 2 beds, 1 bath, 1,010 square feet, 0.1 acres
Price: $936,000
Days on market: 71
What?s going on with this seemingly perfect Echo Park house" It?s a relatively reasonable ask for a home in one of the most sought-after neighborhoods in L.A. ? the median price of single-family homes in the area is $968,000, according to CoreLogic ? where, even in a pandemic, popular properties often get offers within 15 days.
Built in 1926 and renovated in the last year, the little Spanish-style bungalow comes with a fireplace plated in coveted Batchelder tiles, hardwood floors, coved ceilings, arched entryways, a large yard, and rare views of Echo Park Lake. The admittedly modest kitchen has been updated with new cabinets, countertops, and appliances; the bathroom features geometric tile floors and subway tile walls. (Some folks might be discouraged by the fact that the house only has one bathroom, but it?s a common setup for smaller two-bedroom houses around the city.) Usually, Google Street View can help explain why a home in a desirable spot (especially one that?s priced below seven figures and isn?t falling apart) has not sold quickly: It?s next-door to an auto repair shop, say, or butts up against a freeway, or is positioned precariously on a hill and looks like it mi...