See Home Value
$1,201,511*
House - Off Market

787 Terrace 49

Los Angeles, CA 90042
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2104 Sqft
$1,080,000 - $1,320,000
Reference Base Price*
0.13%
Since Nov 1, 2023
CA-Los Angeles
Primary Model
Sold May 17, 2007
$520,000
$745,827 by Ocmbc, Inc.
Mortgage Due Jan 01, 2054
Sold Jun 20, 2002
$260,000
$208,000 by Accredited Home Lenders Inc
Mortgage Due Jul 01, 2032

About This Property

Upon entering this home, you'll be greeted by an inviting atmosphere, with ample natural light streaming through the windows. The main part of the

house features 3 bedrooms and 3 bathrooms, with an addition of an extra bedroom and bathroom along with an impressive 870 square feet of additional living space. providing comfortable accommodations for family and guests. The living space measures 2,104 square feet and offers a cozy environment for relaxing and entertaining. The lot size of 8,466 square feet provides ample outdoor space for recreation, gardening, or creating your own private oasis. Enjoy the California sunshine in the spacious backyard, perfect for outdoor gatherings and activities. Located in the vibrant and sought-after community of Highland Park, this property offers convenient access to a variety of amenities, parks, dining, and entertainment options. With its rich history and diverse culture, this area has something for everyone to enjoy. Don't miss the opportunity to make this your dream home, with the flexibility to complete the new addition according to your vision. This unique property combines the charm of the past with the promise of the future!

The manager has listed the unit size as 2104 square feet.
Unit Size
2,104Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$570
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936

Price History

Date / Event Date Event Price
Oct 12, 2023 No longer available -
No longer available
Sep 14, 2023 Listed $1,200,000
Listed
May 17, 2007 Sold to Ruthie Mae Milan $520,000
Sold to Ruthie Mae Milan

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Hip
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,466
  • Lot Size Depth Feet: 1,390
  • Total Building Area: 870
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND PARK ENTENSION
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIGHLAND PARK EXTENSION LOT/SEC 11 BLK/DIV/TWN 6

Ownership

  • Current Owner : MILAN RUTHIE MAE
  • Previous Owner : GAMAYO ROBERTO VEGA
  • Owner Before Previous Owner: GAMAYO ROBERTO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 185102

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 36-B2
  • Parcel: 5471-012-026
  • Block: 6
  • Lot: 11
  • Municipality: EAST /LA MT WASHINGTN
  • Latitude: 34.1123
  • Longitude: -118.209

    Address

  • Full Address: 787 Terrace 49
  • Address - House Number: 787
  • Address - Street Name: Terrace 49
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 3134
  • Zip Code: 90042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,912
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 1,218,454
  • High Value: 1,301,019
  • Low Value: 1,135,889

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $745,827
  • First Open Lien Mortgage Lender: OCMBC, INC.
  • First Open Lien Mortgage Recording Date: Dec 22, 2023
  • First Open Lien Mortgage Loan Amount: $745,827
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,622
  • Assessed Land Value: $535,704
  • Assessed Improvements Value: $133,918

    Sales

  • Current Sale Contract Date: May 04, 2007
  • Current Sale Recording Date: May 17, 2007
  • Current Sale Transaction ID: 1033151165
  • Current Sale Price: $520,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1201407
  • Previous Sale Recording Date: Jun 20, 2002
  • Previous Sale Contract Date: May 28, 2002
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: May 17, 2007
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: ACCREDITED HOME LENDERS INC
  • Previous Mortgage Transaction Date: Jun 20, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2032



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,884 ft²
$610/ft²
$1,149,000 Sep 21, 2023
-
-
House
3 Beds
2 Baths
1,729 ft²
$653/ft²
$1,129,000 May 2, 2020
-
-
House
3 Beds
3 Baths
1,649 ft²
$603/ft²
$995,000 Oct 11, 2023
-
-
Multifamily
4 Beds
2 Baths
1,686 ft²
$800/ft²
$1,348,000 Apr 28, 2023
-
-
House
3 Beds
2.5 Baths
1,651 ft²
$635/ft²
$1,049,000 Sep 21, 2023
-
-
House
2 Beds
1 Bath
1,050 ft²
$999/ft²
$1,049,000 Oct 30, 2023
-
-
House
2 Beds
1 Bath
912 ft²
$1,069/ft²
$975,000 Mar 11, 2023
-
-
House
2 Beds
1 Bath
649 ft²
$1,533/ft²
$995,000 Oct 5, 2023
-
-
Multifamily
5 Beds
-
-
$1,250,000 Sep 25, 2023
-
-
Multifamily
5 Beds
-
-
$1,150,000 Oct 9, 2023
-
-

About East LA


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Frequently Asked Questions

When was property at 787 Ter built and last sold?
The property at 787 Ter was built in 1936 and last sold on May 4, 2007 for $520,000.
How much is this home worth?
The estimated value of the home located at 787 Ter is $1,217,775.
What are some comparable homes to 787 Ter?
Homes that are comparable to 787 Ter include a house property at 718 Sunnyhill Drive, a multifamily property at 5030 Aldama Street, a house property at 5144 Baltimore Street.

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