1940 N Highland Avenue 21, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath

1940 N Highland Avenue 21
Los Angeles, California 90068
Property Price
SUMMARY
Analysis of 1940 N Highland Avenue 21, Los Angeles, California 90068 is currently available with a list price of $569,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property meets the criteria for excellent condition due to extensive recent renovations. Both bathrooms were fully remodeled in late 2025 with modern finishes and vanities, and the kitchen has been upgraded with contemporary cabinetry and a sleek layout. Additionally, the unit features modern electrical upgrades including a private EV charger and updated flooring, effectively neutralizing the 1982 build year with high-quality, current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Modern Upgrades
The residence features a thoughtfully upgraded kitchen and bathrooms remodeled in late 2025, offering a contemporary aesthetic and move-in-ready convenience for the next owner.
- Private EV Infrastructure
The inclusion of a rare, owner-installed electric vehicle charger directly at the parking space provides a significant competitive advantage and future-proofs the home for modern urban living.
- Prime Lifestyle Location
Situated in the heart of Hollywood, the property offers unparalleled access to iconic landmarks like the Hollywood Bowl, Runyon Canyon, and world-class dining and entertainment.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly HOA fee of approximately $915 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Tandem Parking Configuration
The two assigned parking spaces are in a tandem arrangement, which can be less convenient for multi-driver households compared to side-by-side parking options.
About 1940 N Highland Avenue 21
Welcome to The Terraces on Highland, a highly sought after full service community located in the vibrant heart of Hollywood. This beautifully updated two bedroom two bathroom corner residence offers a seamless blend of comfort, functionality, and modern improvements in one of Los Angeles most iconic neighborhoods. Residence 21 is a bright corner unit positioned near the elevator, offering convenient access while still maintaining a sense of separation within the home. The kitchen has been thoughtfully upgraded with sleek contemporary finishes, abundant cabinetry, and a practical layout that flows effortlessly into the living and dining areas. The living room is spacious and filled with natural light, creating an inviting environment for everyday living and entertaining. Both bathrooms were remodeled at the end of 2025 and showcase stylish finishes, updated vanities, and a modern aesthetic. The primary suite features a generously sized bedroom with its own en suite bathroom, while the second bedroom provides flexibility and works perfectly for guests, a home office, or creative use. Additional highlights include an in unit washer and dryer, two tandem parking spaces, and a valuable owner installed electric vehicle charger located directly at the parking space, a rare and highly desirable feature for Hollywood condominiums. The Terraces on Highland offers resort style amenities including a swimming pool, spa, fitness center, and sauna. The HOA includes hot and cold water, high speed internet, on site maintenance staff Monday through Saturday, secured garages, monitored common areas, and package lockers. Located just moments from the Hollywood Bowl, Ovation Hollywood, Magic Castle, Hollywood and Highland shopping and dining, the Dolby Theatre, TCL Chinese Theatre, Runyon Canyon, and the Walk of Fame, this residence places you at the center of dining, entertainment, nightlife, and culture. Nearby schools include Hollywood High School, Selma Avenue Elementary, along with a variety of private and charter school options. Easy access to major freeways, studios, Downtown, Los Angeles, West Hollywood, and public transit makes this an excellent primary residence or investment opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 65,573 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $914.89 / Month
Neighborhood Insights
Los Angeles Unified Schools
Selma Avenue Elementary School
Grades K-6 • 0.5 mi
Hubert Howe Bancroft Middle School
Grades 6-8 • 1.3 mi
Hollywood Senior High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,063 | 1,158 | 35% |
| Lot Size | 65,573 | 65,573 | 50% |
| Price | $569.0K | $645.0K | 35% |
| Price per sq ft | $535 | $536 | 48% |
| Built year | 1982 | 1981 | 52% |
| HOA | $914.89 | $680 | 96% |
| Days on market | 57 | 183 | 13% |
Pricing History
Listed for Sale
Feb 27, 2026
$569,000
$579,000
-2% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$579,000
Initial Listing
Sold
Jun 21, 2019
$620,000
Public Record
Sold
Jun 9, 2016
$455,000
Public Record
Sold
Mar 30, 2010
$354,000
Public Record
Sold
Nov 7, 2006
$500,000
Public Record
Sold
Feb 6, 2004
$370,000
Public Record
Sold
Jun 27, 1997
$115,000
Public Record


















































