787 Terrace 49,Los Angeles, CA 90042
Los Angeles, CA 90042
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.
Details
| MLS # | GD26161655 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1936 |
| Days On Site | 109 |
| Listing Provided By | Coldwell Banker Hallmark | Kevin Dijamco |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,009 |
| Garage | 1 |
| Story(s) | 2 |
| Units | 1 |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Balcony, Separate Formal Dining Room, Eat In Kitchen, Pantry, Recessed Lighting, Storage, Bedroom On Main Level, Main Level Primary |
| Appliances | Gas Range, Dryer, Washer |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Drywall |
| Foundation Details | Raised |
| Lot Features | Irregular Lot |
| Fencing | Block |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway, Garage |
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Foothills |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90042 |
| Area | 680 Mount Washington |
| Listing VS Median (in 90042) | |
Price: $700,000 low | high Med: $849,900 sqft: 2,009 low | high Med: 780 $ / sqft: $348 low | high Med: $1,090 On site: 109 low | high Med: 206 | |
Market Activity 90042
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90042 |
| Area | 680 Mount Washington |
| Listing VS Median (in 90042) | |
Price: $700,000 low | high Med: $849,900 sqft: 2,009 low | high Med: 780 $ / sqft: $348 low | high Med: $1,090 On site: 109 low | high Med: 206 | |
