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.
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.
Property Details
Price:
$699,000
MLS #:
GD26161655
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
680mountwashington
Listed Date:
Jul 27, 2026
Finished Sq Ft:
2,009
Lot Size:
8,469 sqft / 0.19 acres (approx)
Year Built:
1936
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
GR
Bathrooms
2 Full Bathrooms, 2 Three Quarter Bathrooms
Cooling
CA
Flooring
TILE, LAM, CARP
Heating
CF
Interior Features
ST, RECL, PTRY, BL
Laundry Features
IN, SEE, DINC, WINC
Levels
U
Main Level Bathrooms
3
Main Level Bedrooms
3
Exterior
Common Walls
NCW
Community Features
FHL
Construction Materials
DWAL
Fencing
BW
Garage Spaces
1
Parking Spots
1
Parking Total
1
Patio And Porch Features
CON, SEE, WA, OPN, TER
Roof
SHN
View
HI, MT, SEE, TW
Financial
Map
Community
- Address787 Terrace 49 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90042
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 24, 2026
8,012
Single Family Listed
85
Avg DOM
430
Avg $ / SqFt
$1,558,813
Avg List Price
Property Summary
- 787 Terrace 49 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90042. It is listed for $699,000 and features 4 beds, 4 baths, and has approximately 2,009 square feet of living space, and was originally constructed in 1936. The current price per square foot is $348. The average price per square foot for Single Family listings in Los Angeles is $430. The average listing price for Single Family in Los Angeles is $1,558,813.
Similar Listings Nearby
787 Terrace 49
Los Angeles, CA


