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$849,000
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Property Description
Fantastic FLIP opportunity! Positioned in one of Los Angeles' most ideally-located neighborhoods. Attention investors this home sits on a spacious sized lot with 8,469 sq ft., offering incredible potential for a complete renovation or a flip. A standout feature of this property is the long driveway, providing ample parking for multiple cars. Even further it is set on a hillside with views of the mountains from the permitted open deck. It has the elements to create your own private compound. This home is just a short distance from both York and Figueroa Blvd, where you can enjoy a variety of restaurants, coffee shops, stores, schools, parks, and more. It's also a short drive to Pasadena, Downtown L.A., and Occidental College. Easy access to major highways, you're well-connected to the best that Highland Park and the surrounding areas have to offer. !!!!!!! PROPERTY TO BE SOLD "AS IS"CONDITIONS. ALL "CASH ONLY". Please research the property before submitting any offers and do not submit blind offers! All offers will be shown to the seller.
Full Property Details
Full Property Details for 787 Terrace 49
General
- Price: $849,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: GD25265908
- Updated: 12/11/2025
- Days on Market: 54 days
- Added to Site: 54 day(s) ago
Interior
- Rooms/Areas: Living Room
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Los Angeles
- Driving Directions: Corner of Avenue 50 and Del Paso
School Information
- School District: Los Alamitos Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 3
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,200
- Sq. Ft. Source: Taped
- Year Built: 1936
- Year Built Source: Assessor
Lot Features
- Property View: Hills, Mountain(s)
- Lot Size (Acres): 0.1944
- Lot Size (Sq. Ft.): 8,469
- Lot Size Source: Assessor
- Zoning: R1-1-HCR
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $707.5
Disclosures and Reports
- Special Conditions: Standard
Listed by Las Casas Realty, Inc., Fernando Amaya
Get Pre-Approved Today
Schools
Schools serving 787 Terrace 49
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Aldama Elementary School 632 North Avenue 50, Los Angeles, CA 90042 | K-5 | 0.2 mi |
Benjamin Franklin Senior High School 820 North Avenue 54, Los Angeles, CA 90042 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 787 Terrace 49
Date
Details
Price
Change
Source
12/11/2025
Price Reduced
$849,000
-4.5%
MLS
11/24/2025
Listed
$889,000
70.96%
MLS
5/04/2007
Sold
$520,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 787 Terrace 49
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,536
3%
$696,673
4%
2023
$8,297
5%
$669,622
2%
2022
$7,912
1%
$656,493
2%
2021
$7,818
-1%
$643,621
1%
2020
$7,896
4%
$637,023
2%
2019
$7,585
1%
$624,533
2%
2018
$7,478
2%
$612,288
2%
2017
$7,312
2%
$600,283
2%
2016
$7,152
11%
$588,514
12%
2015
$6,420
-2%
$527,000
—
2014
$6,572
61%
$527,000
64%
2013
$4,092
—
$322,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 787 Terrace 49
787 Terrace 49, Los Angeles, CA 90042 (MLS# GD25265908) is a Single Family property with 3 bedrooms and 2 full bathrooms. 787 Terrace 49 is currently listed for $849,000 and was received on November 24, 2025. Want to learn more about 787 Terrace 49? Do you have questions about finding other Single Family real estate for sale in Highland Park? You can browse all Highland Park real estate or contact a Coldwell Banker agent to request more information.

