816 Terrace 49, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath

816 Terrace 49, Los Angeles, California 90042 home-pic-0

816 Terrace 49

Los Angeles, California 90042

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,385Sq Ft
3,033Lot Size

Property Price

LIST PRICE$1,100,000
EST. MARKET VALUE
$1,182,355
6% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$1,182,355 +$82,355 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
816 Terrace 49
Subject
$1,100,000*
List Price
321,385$854-
A
5120 Echo Street
Sold
$1,310,000321,290$1,0160.8 mi
B
1113 N Avenue 50
Sold
$837,50021898$9330.4 mi
C
829 N Avenue 53
Active
$999,999
List Price
221,272$7860.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1900, the property underwent an extensive and comprehensive renovation completed in 2022, placing it within the 5-year window for an excellent rating. The renovation included structural improvements like new subflooring, updated copper plumbing, and modern mini-split HVAC systems. The interiors feature high-end finishes including waterproof vinyl flooring, marble bathroom floors, quartz kitchen countertops, and premium appliances from brands like LG, GE Profile, and Zephyr, indicating that all components are virtually new with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Dual-Living Versatility

    The property features two fully equipped, separate homes on one lot, offering exceptional flexibility for multi-generational living, rental income potential, or a dedicated professional creative studio.

  • Comprehensive Modern Upgrades

    Extensively remodeled in 2022, the homes feature high-end finishes including quartz countertops, marble backsplashes, updated copper plumbing, and energy-efficient mini-split climate control systems.

  • Prime Trendy Location

    Perfectly positioned on the border of Mount Washington and Highland Park, the property provides immediate access to vibrant local art galleries, diverse dining, and the Metro Gold Line.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1385, other record living area = 881.

  • Limited Lot Size

    The 3,033 square foot lot is relatively small for hosting two separate dwellings, which significantly limits private outdoor space and yard utility.

  • Vintage Structural Age

    Originally constructed in 1900, the property may present long-term maintenance challenges or structural considerations typical of century-old homes, despite the recent cosmetic and system updates.

About 816 Terrace 49

Newly remodeled homes! Offered 100% vacant! Perched peacefully on the border of Mount Washington and Highland Park this imaginative oasis has so much to offer; two (2) fully equipped homes comfortably accommodate one large family, two families/adults, Nanny, Care Taker, Self Employed person who needs separate work space; this home is a perfect live/work space. One home offers 2 spacious bedrooms, 1 large bathroom, an expansive walk-in pantry, separate laundry area/room, tons of privacy and natural light. The second home is a slice of heaven offering privacy and serenity located off of the thoughtfully designed green space. Including 1 large bedroom, 1 large bathroom, an oversized walk-in closet, additional office/den living space, and fully equipped kitchen. These are perfect homes for creatives, influencers, Podcast hosts, YouTube hosts and those who desire the ability to have convenient access to the many local earthy art galleries, grocery stores, and family-owned restaurants. Immerse yourself in the cool, hip, diverse vibe of Mount Washington, Highland Park, and Eagle Rock. Located approximately 1.5 miles from the Metro Station providing access to the beaches of Santa Monica and San Pedro. Water-proof vinyl floor. Bathrooms with marble floor and tile backsplashes, Vigo brand vanity faucet, and Kohler toilet. Kitchen with Quartz countertop and marble backsplash, Zephyr range hood, LG dual gas/electric range, and GE Profile dishwasher. Each home is well equipped with mini-split air conditioners for added comfort. Updated copper plumbing. The subfloor was completely removed, leveled, and installed with new plywood and water-proof vinyl in 2022. The large fenced front and rear green areas offer expansive spaces to gather. Take the video home tour to view these amazing homes!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1900
Lot Size
3,033 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,3851,350
53%
Lot Size3,0335,401
12%
Price$1.10M$1.20M
38%
Price per sq ft$794$882
39%
Built year19001925
6%
HOA$0$0
50%
Days on market37176
1%

Pricing History

Listed for Sale

Jan 28, 2026

$1,100,000

Initial Listing

Sold

Aug 24, 2022

$900,000

Public Record

Sold

Feb 11, 2022

$750,000

Public Record

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