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4 Beds
2 Baths
2,009 sqft

$700,000

787 Terrace 49, Los Angeles CA, 90042

Price per sqft$348.43
Built in1936
Property size2,009 sqft
Property typeResidential

Overview

Active

Listed Jul 26, 2026

Updated 22h ago

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.

$4,657/mo

Est. mortgage payment based on a $700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
GD26161655
Available since
July 26, 2026

Interior Features

Bedrooms
4
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Garage
Yes

 

Courtesy of Kevin DiJamco

Based on information from DASH - Coldwell Banker (CB) as of 10/12/2026. 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. The 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 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. 

©2026 DASH - Coldwell Banker (CB). All rights reserved. 

Data last updated 11:15 PM UTC, 10/12/2026

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