The 200-square-foot backyard studio has plumbing, a wall air conditioner, new laminate flooring and a kitchenette - but parking is not included.
It's also about $300 cheaper than most studios in the area, but neighbors are still shocked by the price.
"I was amazed that it was going for that much money," one resident said.
A prior tenant actually paid $1,100 a month for two years.