Property Detail

787 Terrace 49

Los Angeles CA 90042

$700,000

Status: Active

Property Details

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 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.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM Closed Closed https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg realtor # # # https://static.royacdn.com/Site-da8039ec-6ba3-4175-a4d4-208d29681a64/team_photo_new.jpg 10969556 9492465452 02054356 9497060426 01397481 9499030026 02077688 9495007057 01963052 7143173874 02224448 7146093424