Resources
Schedule a Meeting
25 more photos
PENDING

840 Terrace 49, Los Angeles, CA 90042$1,245,000

4
beds
3
baths
2130
ft2
· 7264
ft2 lot
$585 / ft2

Listing provided courtesy of George E Penner, DeasyPennerPodley
Source CRMLS;
Loading...
Potential awaits! Located on a quaint and quiet street in one of Mount Washington's most desirable pockets, this charming 1920s Craftsman-style triplex sits on a vast 7,000+ sq. ft lot. The property consists of three tenant-occupied units with rent totaling over $4,762 / month: two 1 bed/1 bath units facing the street, and a 2 bed / 1 bath unit downstairs, facing the expansive yard with possible potential for a second bathroom and primary bedroom extension. All units are well maintained with later appliances, updated electrical, laundry facilities, window mounted air conditioning, as well as hardwood and tile flooring. A shared deck overlooking lush gardens and broad nearly flat undeveloped portion, provides endless possible opportunities, including potential ADU.Perfect for an owner-user or investor. The adjacent empty lot is owned by the neighboring church, granting additional privacy and views.

HOA

No HOA

On market

3 months

Year built

1925

Property type

Multi-Family

Parking

1

MLS

22172583

Price / Sq.Ft.

$585 / ft2

Status

Pending

Buyer’s Brokerage Commission

2.5%

Tour this home
Request a free tour of this home
Loading...

Home details for 840 Terrace 49

Interior Features & Layout
Appliances
•   
Laundry Details: See Remarks
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
Flooring
•   
Flooring: Wood
Interior Size
•   
Building Area Total: 2130.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Street
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 0.00
•   
Carport Spaces: 0.00
Property Features
•   
View: Hills
•   
Property Condition: Updated/Remodeled
Building Info
•   
Zoning: LAR1
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1668
•   
Lot Size Area: 7264.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 3
Property Type
•   
Architectural Style: Craftsman
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 3
•   
Number Of Separate Gas Meters: 3
•   
Number Of Separate Water Meters: 3
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 57144.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 23943.00
•   
Gross Multiplier: 22.66
Tax/Assessment Info
•   
Gross Income: 57144.00
Lease Info
•   
Net Operating Income: 33201.00
Listing Info
•   
Status: Pending
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 1866.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1866.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1392.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1392.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1504.00
•   
Unit 1 Total Rent: 1504.00
Multi Unit Information
•   
# Of Units: 13
•   
Number Of Units Leased: 3
School Neighborhood & Directions
School Info
•   
Directions: Please use Google Maps or similar
Other
Calculation
•   
Dom: 92

Neighborhood snapshot

51
Properties for sale
12
Median days on market
$664.93
Median sold price/sqft
108.17%
Sold/List %
walk-icon}

walk score® :

transit-icon}

transit score® :

bike-icon}

bike score® :

Property History for 840 Terrace 49

09/26/2022
09/26/2022
CRMLS #22172583
pending
CRMLS #22172583
$1,245,000
09/10/2022
09/10/2022
CRMLS #22172583
active
CRMLS #22172583
$1,245,000
--3.86%
06/26/2022
06/26/2022
CRMLS #22172583
active
CRMLS #22172583
$1,295,000

Similar homes

street view
NEW
4h ago

$1,249,0004634 Palmero DriveLos Angeles, CA 90065

3 bed
2 bath
1208
 ft²
 · 
5200
 ft²  lot

Recently sold homes near 840 Terrace 49

More in the area
Nearby cities
Long Beach Homes For SalePasadena Homes For SaleThousand Oaks Homes For SaleSimi Valley Homes For SaleSanta Monica Homes For Sale
Show More +
Services
BrokerageMortgageTitle & Escrow
Browse homes for sale in
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice
Real estate brokerage licenses

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.

NMLS Consumer Access
Affiliated Business Arrangement Disclosure
Flyhomes © 2022