
Los Angeles, California 90068
This Spacious Hollywood Condominium is a Strong Value Opportunity, listed at $768,000—positioned well below the $782,516 Fair Market Value by 2%. This valuation gap offers $14,516 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a modern kitchen and updated interiors. Residents enjoy premium amenities like a pool, gym, and AI-monitored security. This is an ideal acquisition for Entertainment Professionals or Owner-Occupants seeking a secure, move-in ready sanctuary in the heart of Hollywood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 N Highland Avenue 42 Subject | $768,000* List Price | 2 | 2 | 1,654 | $473 | - |
A 1900 Vine Street 306 Sold | $906,500 | 2 | 2 | 1,511 | $600 | 0.6 mi |
B 1951 N Beachwood Drive 206 Sold | $765,000 | 2 | 3 | 1,330 | $575 | 0.8 mi |
C 1900 Vine Street 214 Sold | $540,000 | 1 | 2 | 1,127 | $479 | 0.6 mi |
D 1940 N Highland Avenue 44 Active | $845,000 List Price | 2 | 2 | 1,478 | $572 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1982, the unit has undergone significant renovations within the last 5-15 years. The kitchen is updated with modern stainless steel appliances, contemporary white cabinetry, and subway tile backsplash. The interior features updated flooring and recessed lighting, making it move-in ready and well-maintained.
Situated steps from the Hollywood Bowl and the Walk of Fame, this property offers an unbeatable location for entertainment professionals and those seeking a vibrant urban lifestyle.
At 1,654 square feet, this residence provides a significantly larger footprint than typical area condos, offering a generous master suite and versatile space for a home office or creative studio.
The Terraces on Highland provides a robust suite of amenities, including a pool, gym, sauna, and advanced AI-monitored security surveillance linked directly to the LAPD.
The $1,200 monthly association fee is substantial and may be a deterrent for buyers concerned with high recurring carrying costs.
Constructed in 1982, the property may lack the modern energy efficiencies and contemporary architectural finishes found in newer luxury developments in the Hollywood area.
Step into Unit 42 at The Terraces on Highland, where luxury meets the Hollywood lifestyle. This expansive 1,654-square-foot residence is a perfect sanctuary for industry professionals, offering the ideal balance between creative energy and serene comfort. The open-concept living and dining areas flow seamlessly into the kitchen, featuring stainless steel appliances and ample counter space perfect for hosting intimate gatherings or whipping up meals after a long day on set. Your private patio just off the living room is a wonderful extension of your living area, offering a peaceful retreat from the vibrant city just beyond. The master suite is your personal haven, complete with a generous dressing area, a walk-in closet fit for a star, and a large ensuite bathroom. The additional two bedrooms offer versatility whether for guests, a home office, or your own creative studio. With ample room to work, rest, and create, this home is designed to fit the rhythm of your life. Outside, the building s amenities provide everything you need to recharge and unwind. Enjoy a swim in the pool, relax in the spa, or keep fit in the gym and sauna. A dog run, outdoor grills, and high-speed internet are just a few of the conveniences included. Safety and security are prioritized with AI-monitored surveillance linked directly to LAPD. Two assigned parking spaces and ample guest parking make entertaining a breeze, though you ll rarely need a car thanks to the unbeatable location. Nestled steps away from the Hollywood Bowl, the iconic Walk of Fame, and the bustling entertainment scene, you re in the heart of it all. Public transit options abound, allowing you to skip the hassle of parking and long commutes. Whether you re heading to the studio, a premiere, or simply taking in the sights, Unit 42 at 1940 N Highland Ave offers the ultimate Hollywood living experience. Welcome home.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,654 | 1,219.385 |
| Lot Size | 65,573 | 27,236.074 |
| Price | $768.0K | $800.2K |
| Price per sq ft | $464 | $650 |
| Built year | 1982 | 1979 |
| HOA | $1200.0 | $685 |
| Days on market | 27 | 72 |
Aug 13, 2026
$768,000
Initial Listing
Aug 3, 2017
$620,000
Public Record