
Los Angeles, California 90068
This Spacious 2-Bedroom Condo is a Strong Value Opportunity, listed at $599,000—positioned well below the $638,657 Fair Market Value by 6%. This valuation gap offers $39,657 in Instant Equity. Featuring a Good Condition Rating with modern quartz finishes and central HVAC, the unit includes a rare Assumable 3.25% Mortgage. With resort-style amenities and a prime Hollywood location, this property balances financial efficiency with urban lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1940 N Highland Avenue 2 Subject | $599,000* List Price | 2 | 2 | 1,220 | $523 | - |
A 1940 N Highland Avenue 54 Sold | $645,000 | 2 | 2 | 1,242 | $519 | 0.0 mi |
B 6702 Hillpark Drive 308 Sold | $535,000 | 2 | 2 | 1,158 | $462 | 0.8 mi |
C 2700 Cahuenga Boulevard 2310 Sold | $725,000 | 2 | 2 | 1,181 | $614 | 0.8 mi |
D 1900 Vine Street 212 Active | $725,000 List Price | 2 | 2 | 1,544 | $470 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1982, the unit has undergone a significant modern renovation within the last 5-15 years. The kitchen features updated quartz countertops and stainless steel appliances, complemented by modern recessed lighting and light-toned hardwood-style flooring throughout. Systems are functional with central HVAC and in-unit laundry. While bathrooms appear clean and move-in ready, they retain some standard tiling that prevents an 'Excellent' rating.
The rare opportunity to assume a 3.25% interest rate mortgage with 25 years remaining provides a significant financial advantage and lower monthly payments compared to current market rates.
Boasting an exceptional walkability factor, the property is steps away from iconic landmarks like the Hollywood Bowl, Ovation Hollywood, and major entertainment venues.
The association fee covers premium utilities including earthquake insurance and high-speed internet, complemented by resort-style amenities like a pool, gym, and ample guest parking.
At approximately $927 per month, the HOA fees are relatively high for this price point and may impact the overall affordability and debt-to-income ratio for some buyers.
The assigned elementary and middle schools have lower performance ratings (3 and 4 out of 10), which may be a deterrent for families prioritizing top-tier educational districts.
A rare opportunity to assume the sellers 3.25% interest rate mortgage with 25 years remaining to secure a significantly lower monthly payment. This spacious 2-bedroom, 2-bathroom condo offering 1,220 sq ft of trendy living in the heart of Hollywood. A community filled with families and long-term residents, you’ll be greeted with a lengthy open concept kitchen with oversized black quartz countertop and ample cabinet storage. Light toned hardwood floors and recessed lighting are throughout the home. Along with central AC and heating, the living room has an inviting gas fireplace and access to the patio to keep the home comfortable year-round. Both bedrooms are generously sized, with the primary large enough to feel like its own studio with private en-suite and walk-in closet. Included are stainless steel appliances and in-unit washer dryer conveniently located adjacent to the bedrooms. Step outside to enjoy the community amenities, which include a sparkling pool, relaxing spa, fully equipped gym, and brand new BBQ grills—perfect for entertaining or unwinding after a long day. The gated parking structure includes 2 assigned spaces in an ideal location close to the lobby entrance, with 22 guest parking available inside the gates. The HOA includes water, trash, sewer, earthquake insurance, high speed internet, and AI-based security. Located close to Highway 101 access in a highly desirable neighborhood, this property is walkable to the iconic Hollywood Bowl, Ovation Hollywood / Highland shopping center, Chinese Theater and El Capitan Theater, and numerous other Hollywood staples on the famous Hollywood Walk of Fame boulevard. Don’t miss out on this opportunity to live in a vibrant community while enjoying the comforts of 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,220 | 1,256 | 44% |
| Lot Size | 65,573 | 56,785.5 | 50% |
| Price | $599.0K | $712.5K | 28% |
| Price per sq ft | $491 | $567 | 28% |
| Built year | 1982 | 1982 | 50% |
| HOA | $926.86 | $634 | 89% |
| Days on market | 25 | 166 | 6% |
May 12, 2026
$599,000
Initial Listing
Nov 16, 2017
$650,000
Public Record
Nov 19, 2014
$409,000
Public Record
Nov 17, 2010
$268,000
Public Record
Nov 18, 1996
$91,000
Public Record