Property Detail

787 Terrace 49

Los Angeles CA 90042

$700,000

Status: Active

Property Details

Description

Finally, Short Sale Approved at $700,000! Excellent opportunity for investors, builders, or buyers looking for a value-add property in Mount Washington. Situated on an expansive lot with panoramic mountain, hillside, and treetop views, the property offers generous outdoor space, privacy, and potential for a variety of future improvements, subject to buyer verification and applicable governmental requirements. Public records reflect a 1-bedroom, 1-bathroom residence of approximately 870 sq. ft. The property is currently configured with a multi-level layout featuring 4 bedrooms and 4 bathrooms. Some additions and improvements may have been completed without permits and/or final approvals. Buyer is advised to independently investigate and verify the permitted and legal status of all existing improvements. Additional features include a large wraparound view deck, dual-pane windows, and multiple living areas across several levels. Conveniently located near Highland Park, Eagle Rock, Downtown Los Angeles, dining, shopping, and other local amenities. Property is being sold strictly AS-IS. Seller will not make repairs or provide credits. Buyer and Buyer’s Agent are strongly advised to conduct their own due diligence and independently verify all information regarding the property with the city, including but not limited to square footage, bedroom and bathroom count, permits, legal use, zoning, lot size and boundaries, development or ADU potential, and overall property condition prior to acceptance of offer.

Map Location

Listing provided courtesy of Kevin Dijamco of Coldwell Banker Hallmark. Last updated 2026-10-28 08:07:53.000000. Listing information © 2026 CRMLS.

john Doe

Jaime Sanford

DRE# 123456789
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Real estate https://static.royacdn.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg realtor # # # https://static.royacdn.com/Site-48750597-fad4-4739-909d-ca390a15c8e5/theme1/realtor.jpg 484 Lake Park Ave., Suite 280 Oakland, CA 94610 2603 Camino Ramon Suite 200 San Ramon, CA 94583 5102250470 9168229655 8183348266