1940 N Highland Avenue 59, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath
Loading property details...
1940 N Highland Avenue 59
Los Angeles, California 90068
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,434Sq Ft
65,553Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$595,730
5% AboveMARKET VALUE
SUMMARY
This Turnkey Penthouse Condo is a Strong Value Opportunity, listed at $630,000—positioned well below the $638,316 Fair Market Value by 1%. This valuation gap offers $8,316 in Instant Equity. Featuring 20' high ceilings, a private loft, and a pool-view balcony, the unit maintains a Good Condition Rating with recent 2026 lighting and HVAC upgrades. Located near Griffith Park and Hollywood amenities, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready urban lifestyle.
Estimated Market Value
$595,730
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 N Highland Avenue 59 Subject | $629,000* List Price | 2 | 2 | 1,434 | $415 | - |
A 1900 Vine Street 214 Sold | $540,000 | 1 | 2 | 1,127 | $479 | 0.6 mi |
B 2260 N Cahuenga Boulevard 502 Sold | $450,000 | 2 | 2 | 1,258 | $358 | 0.4 mi |
C 6700 Hillpark Drive 204 Sold | $458,000 | 2 | 2 | 1,040 | $440 | 0.8 mi |
D 6724 Hillpark Drive 201 Sold | $500,000 | 2 | 2 | 1,234 | $405 | 0.8 mi |
E 1900 Vine Street 103 Active | $680,000 List Price | 2 | 2 | 1,532 | $444 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent updates including new recessed lighting (2026), fresh paint, and newer central HVAC systems. The kitchen is functional with stainless steel appliances and stone countertops, and the unit features hardwood flooring throughout. While the building is from 1982, the interior renovations place it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Appeal
This penthouse unit features impressive 20-foot high ceilings and a loft, providing a spacious, airy atmosphere that distinguishes it from standard condominium layouts.
- Tranquil Urban Living
Situated at the rear of the building facing the pool, the unit offers a quiet retreat from the high-traffic noise of Highland Avenue while remaining in the heart of Hollywood.
- Turnkey Condition & Amenities
The property is move-in ready with recent upgrades, newer HVAC, and side-by-side parking, complemented by an HOA that includes earthquake insurance and no special assessments.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $954.76 is relatively high, which may deter budget-conscious buyers or impact overall mortgage qualification.
- Restrictive Showing Access
The requirement for the listing agent to accompany all showings with 24-hour notice may create scheduling friction and limit the property's exposure to potential buyers.
About 1940 N Highland Avenue 59
Unit is in the rear of the building, so no Highland high traffic noise. Quiet backside penthouse unit facing pool area, remodeled top floor condo in an amenities filled building close to Hollywood Walk of Fame and the Hollywood Bowl. New recessed lights installed June 2026. Newly repainted for immediate move-in. Newer central air conditioning and heat, stainless appliances, and newer refrigerator (1 year old). Pool, jacuzzi, gym and BBQ area. 20' high ceilings with loft. Side by side gated parking. Hardwood floor throughout. 16 guest parking spaces. Inside stacked laundry. Easy walking distance to shopping and Griffith Park trails. HOD includes earthquake insurance. No special assessment or pending assessment. Everything has been paid for.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 65,553 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $954.76 / Month
Neighborhood Insights
Los Angeles Unified Schools
Selma Avenue Elementary School
Grades K-6 • 0.5 mi
4/10
Hubert Howe Bancroft Middle School
Grades 6-8 • 1.3 mi
3/10
Hollywood Senior High School
Grades 9-12 • 0.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,434 | 1,219.385 |
| Lot Size | 65,553 | 27,236.074 |
| Price | $629.0K | $800.2K |
| Price per sq ft | $439 | $650 |
| Built year | 1982 | 1979 |
| HOA | $954.76 | $685 |
| Days on market | 50 | 72 |
Pricing History
Listed for Sale
Aug 28, 2026
$629,000
$630,000
+0% Price Increase
Initial Listing
Price Change
Jul 22, 2026
$630,000
Initial Listing
Sold
Apr 11, 2011
$289,000
Public Record
Sold
Oct 6, 2006
$605,000
Public Record
Sold
Aug 7, 2003
$428,000
Public Record
Sold
Mar 30, 2001
$250,000
Public Record
Sold
Dec 30, 1996
$124,000
Public Record