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ActiveSingleFamilyResidence

723 Terrace 49

Los Angeles, CA, 90042

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$1,399,000

MLS: 26999613

Beds

3

Baths

2

Sq Ft

1,343

Lot

0.14 ac

Year Built

1923

MLS #

26999613

Days on Market

4

Listed

Oct 12, 2026

Description

Home is where your jungle is. Located by the foothills of Mount Washington, this home has been lovingly updated by its European owners over time. It offers exceptional privacy, and culminates in a lush and spacious upper garden. There, a large deck amid giant birds of paradise, planted 20 years ago, invites entertaining, a dance party, or just some downtime watching the day go by over neighborhood and city lights all the way to the far mountain tops. The single-level 3-bedroom, 2-bath home features an open floor plan, cathedral ceilings, glass doors to front, side and rear, and a flow to the outdoor dining lounge just off the kitchen, framed by the views of the garden canopy above. A double-sided fireplace of smooth cement and aged brick connects the living room and primary bedroom. Floors are oak hardwood and authentic Saltillo tiles, exterior walls are venetian stucco. The kitchen pairs stainless-steel cabinetry with new Carrara Blanco quartz countertops and a polished cement backsplash. A rustic Dutch door leads directly from the primary bath to the rear, revealing greenery, mature cacti, and the rustic stairs to the jungle garden - a playful expression of the home's relaxed indoor-outdoor spirit. There is also a front yard with a mature orange tree that calls for a vegetable garden; a front sitting area with fireplace; an outdoor workspace near the lounge; and another secluded sitting area upstairs under the canopy, leading to a secret private gate with direct access to the hiking trails of Heidelberg Park. At street level, a gated entry opens to a staircase shared with the neighboring property, leading up to the home's private gate. Two separate one-car garages await your cars, bikes, or hobbies, and complete this intimate hillside retreat where nature, character, design, and outdoor living come together, moments from the heart of Highland Park.

Location

Los Angeles, Los Angeles County, CA 90042

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Listed by: Corina Danckwerts · Keller Williams Realty Los Feliz

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$11,000

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100

%

Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$8,718
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 15, 2026

30-year fixed
7.40%
15-year fixed
6.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $48,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Los Angeles, CA 90042 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.