787 Terrace 49, Los Angeles, CA 90042
787 Terrace 49, Los Angeles, CA 90042
787 Terrace 49, Los Angeles, CA 90042
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$699,000
Est. payment /mo
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4 Beds
4 Baths
2,009 SqFt
Price Dropped by $85K

787 Terrace 49 Los Angeles, CA 90042

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,009 sqft

Price per Sqft $347

MLS Listing ID GD26161655

Bedrooms 4

Full Baths 2

Three Quarter Bath 2

Construction Status Additions/Alterations,Fixer

HOA Y/N No

Year Built 1936

Lot Size 8,468 Sqft

Property Sub-Type Single Family Residence

Property Description

Positioned on an expansive, oversize lot featuring sweeping panoramic mountain, hillside, and tree-top views, this Mount Washington property represents an extraordinary value-add opportunity for all-cash savvy investors, flippers, builders, and visionaries! The generous lot provides ample outdoor space, incredible privacy, and tremendous room for expansion, future development, or potential ADU additions.

Public records reflect a 1-bedroom, 1-bathroom home of approx. 870 sq. ft., however, the existing physical footprint features a versatile multi-level layout currently configured with 4 bedrooms and 4 bathrooms. While these extensive additions completed over time may not have verified permits or final city approvals, they offer a massive existing footprint and a remarkable canvas to reconfigure, legalize, or completely transform in one of NELA's most desirable pockets.

Highlights include a sweeping wraparound view deck ideal for indoor/outdoor entertaining, updated dual-pane windows, and distinct living quarters across multiple levels. Minutes to Highland Park, Eagle Rock, Downtown LA, and vibrant local dining.

Property is being sold strictly in AS-IS condition, and it is a short sale which is subject to the seller's lender's approval. Buyer and Buyer's Agent to independently verify all aspects of the property, including but not limited to room count, square footage, permit status, legal use, zoning, lot size/boundaries, and overall condition.

Location

State CA

County Los Angeles

Area 680 - Mount Washington

Rooms

Main Level Bedrooms 3

Interior

Interior Features Balcony, Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Type Family Room

Fireplace Yes

Appliance Gas Range, Dryer, Washer

Laundry Inside, See Remarks

Exterior

Parking Features Driveway, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Block

Pool None

Community Features Foothills

View Y/N Yes

View Hills, Mountain(s), Trees/Woods

Roof Type Shingle

Porch Concrete, Open, Patio, See Remarks, Terrace, Wrap Around

Total Parking Spaces 1

Private Pool No

Building

Lot Description Irregular Lot

Dwelling Type House

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Additions/Alterations,Fixer

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5471012026

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Short Sale


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kevin Dijamco Coldwell Banker Hallmark 818-730-4336, DRE #01472137

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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787 Terrace 49