787 Terrace 49, Los Angeles, CA 90042

$700,000
4
BD
4
BA
2,009
SqFt

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List Price
$700,000
Price Change
▼ $64,822 1790382289
Status
ACTIVE
MLS#
GD26161655
Year Built
1936
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,009
Lot Size
8,469
Acres
0.19
Lot Location
Irregular Lot
Days on Market
50
Property Type
Single Family Residential
Short Sale
Yes
Property Sub Type
Single Family Residence
Stories
Two Levels

Property 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, 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.

Additional Information

Appliances
Gas Range, Dryer, Washer
Pool Description
None
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Hills, Mountain(s), Trees/Woods
Exterior Construction
Drywall
Patio
Concrete, Open, Patio, See Remarks, Terrace, Wrap Around
Roof
Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Interior Features
Balcony, Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Kevin Dijamco (kevindijamco@gmail.com) from Listing Office: Coldwell Banker Hallmark.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.