About 787 Terrace 49
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 NELAs 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.
