830 Terrace 49, Los Angeles, California 90042, Los Angeles, 90042 - 1 bed, 1 bath
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Los Angeles, California 90042
Analysis of 830 Terrace 49, Los Angeles, California 90042 is currently available with a list price of $695,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the structure dates back to 1921, the interior shows significant updates that make it move-in ready. The kitchen features modern white shaker cabinets, stone countertops, and stainless steel appliances consistent with a renovation in the last 5-15 years. The bathroom is functional with some newer finishes, though it retains some older tile work. The overall condition is well-maintained and functional for its size.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10286, living area = 529.
The expansive 10,286 square foot lot provides a rare opportunity in Mount Washington to significantly increase the living square footage or develop a terraced hillside garden.
The property offers a serene 'tree house' feel with two private decks showcasing lush greenery and mountain views, creating a peaceful retreat for artists or writers.
At only 529 square feet, the current one-bedroom footprint is exceptionally small, which may limit its appeal to buyers not looking for a major renovation or expansion project.
The list price reflects a premium valuation based on land and potential rather than the existing structure, resulting in a high cost per square foot that may challenge traditional financing appraisals.
Step inside and discover the possibilities that exist in this charming tree house tucked away on an expansive 10,286 square foot lot at the base of Mount Washington. The rooms are filled with light and the views off the back showcase lush greenery and mountains in the distance. There are two decks, one on the side of the house and the other on the lower level that looks out over the backyard. Though small in size, there is endless potential for expansion opportunities or if you prefer, you can keep the current footprint and update to your liking. For those with an artistic spirit, this would make a great writing retreat or artist studio but will equally appeal to investors or those who would like to add on to the house. The lot in the back slopes gently downward and if terraced, would make the perfect garden and add even more usable outdoor space. Located in one of Los Angeles' most loved hillside communities and close to the bustle of Highland Park, this is a home rich in character, ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 529 | 1,672 |
| Lot Size | 10,286 | 6,067 |
| Price | $695.0K | $1.37M |
| Price per sq ft | $1.3K | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 41 | 56 |
Jun 11, 2026
$695,000
Initial Listing
Jun 26, 2006
$425,000
Public Record
Jan 12, 2004
$210,000
Public Record
Jun 18, 1999
$95,000
Public Record