Here's what half a million bucks will buy you in the L.A. area. Nestled in the Silver Lake area are seventeen 1920's Spanish-style bungalows that are full restored with off street parking, central heat and air, and small gardens. Each bungalow is 700 square feet and includes period details but with modern applicances and utilities. Unlike condominiums, the Maltman Bungalows are sold individually with the only shared cost being a monthly maintenance association fee. Ajumma's initial reaction was repulsion at paying $500K for less than 1000 square feet and only one bathroom, but the location and charm for this classic L.A. house can't be beat.