THIS HOUSE HAS BEEN SOLD! Even though Los Angeles seems to have more pricey homes than any other city in America—and people like Ryan Seacrest to buy them (he's plunking down over $35 million for Ellen DeGeneres' house!)—there are some affordable alternatives. Take this swell little compound in the hipster Echo Park nabe, on the market for a very acceptable $595K. The one bed/one bath cottage (with an additional study/baby's room) has an especially inviting entry behind a wrought iron gate that involves boxwoods, trees, a stone patio and this gurgling fountain (left). The interior has been thoroughly updated with new plumbing, electrical, central air, etc., and there's a working fireplace for chilly nights and large windows with canyon views for daydreaming. Out back you'll find an adorable guest cottage with this nifty white-tiled bathroom, a deck with views of downtown, and a garden area with another fountain to soothe your psyche. Bottom line: if you don't buy this, we will, so go here immediately.