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$699,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 2,009 Sq. Ft.
  • 1 Car Garage
  • Updated 2 days ago
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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.

Full Property Details for 787 Terrace 49

General

  • Price: $699,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: GD26161655
  • Updated: 8/17/2026
  • Days on Market: 23 days
  • Added to Site: 23 day(s) ago

Interior

  • Rooms/Areas: Main Floor Primary Bedroom, See Remarks, Kitchen, Main Floor Bedroom, Family Room, Primary Bathroom
  • Interior Features: Balcony, Pantry, Recessed Lighting, Storage
  • Fireplace: Yes
  • Fireplace(s): Family Room
  • Eating Areas: Dining Room, In Kitchen, Area
  • Appliances: Gas Range
  • Flooring: Tile, Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, See Remarks, Washer Included, Dryer Included

Additional Information

  • Pool Description: None

Exterior

  • Deck/Patio: Terrace, Concrete, See Remarks, Open Patio, Wraparound

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking: Garage, Driveway

Location

  • County: Los Angeles
  • Driving Directions: Head south of N Avenue 50, turn right on San Rafael Ave, turn left on Terrace 49.

School Information

  • School District: Los Angeles Unified

Community

  • Community Features: Foothills

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Construction: Drywall Walls
  • Foundation: Raised
  • Roof: Shingle
  • Common Walls: No Common Walls
  • Entry Location: With steps
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,009
  • Sq. Ft. Source: Seller
  • Year Built: 1936
  • Year Built Source: Assessor
  • Property Condition: Fixer, Additions/Alterations

Lot Features

  • Property View: Mountain(s), Trees/Woods, See Remarks, Hills
  • Lot Size (Acres): 0.1944
  • Lot Size (Sq. Ft.): 8,469
  • Lot Size Source: Assessor
  • Lot Description: Lot 6500-9999, Irregular Lot
  • Fencing (Description): Block

Financial Considerations

  • Price Per Sq. Ft.: $347.93

Disclosures and Reports

  • Special Conditions: Short Sale

Listed by Coldwell Banker Hallmark, Kevin Dijamco

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Listing agent

— 787 Terrace 49 —

  • Kevin Dijamco

    Coldwell Banker Hallmark

818-730-4336

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 787 Terrace 49

School District:Los Angeles Unified School District
NameGradesDistance
Aldama Elementary School
632 North Avenue 50, Los Angeles, CA 90042
K-50.2 mi
Benjamin Franklin Senior High School
820 North Avenue 54, Los Angeles, CA 90042
9-120.6 mi
Luther Burbank Middle School, Los Angeles, CA
6460 North Figueroa Street, Los Angeles, CA 90042
6-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 787 Terrace 49 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/11/2026
Price Reduced
$699,000
-10.94%
MLS
7/27/2026
Listed
$784,900
50.94%
MLS
5/04/2007
Sold
$520,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker Hallmark, Kevin Dijamco

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787 Terrace 49, Los Angeles, CA 90042 (MLS# GD26161655) is a Single Family property with 4 bedrooms, 2 full bathrooms and 2 partial bathrooms. 787 Terrace 49 is currently listed for $699,000 and was received on July 27, 2026. Want to learn more about 787 Terrace 49? Do you have questions about finding other Single Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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