A bike is certainly your cheapest option, and the health benefits will be a nice bonus. I went without a car for a month once. It was winter in Ohio, so I basically had to get a ride from someone if I wanted to go anywhere. I don't think it will be as bad for you this time of year, and in California. You can do it, hang in there!
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Maybe you can buy a little more expensive "bridge" car and then sell it in a couple of months for about the same, or at least within the $1000 you were looking to spend.
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This may work too if you can't find a $50 truck.
Brett