1940 N Highland Avenue 3, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath

1940 N Highland Avenue 3, Los Angeles, California 90068 home-pic-0
ACTIVE$630,000
1940 N Highland Avenue 3, Los Angeles, California 90068
2Beds
2Baths
1,220Sqft
655,573Lot
Year Built
1982
Close
-
List price
$630K
Original List price
$650K
Price/Sqft
$516
HOA
$927.08
Days on market
-
Sold On
-
MLS number
WS25228528
Home ConditionGood
Features
Good View:
Patio
View

About this home

We found 3 Cons,5 Pros. Rank: price - $630.0K(52th), sqft - 1220(52th), beds - 2(50th), baths - 2(50th).

Modern comfort meets Hollywood lifestyle in this gorgeous upgraded 2 bedroom, 2 bathroom condo with 1,220 sq. ft. of living space. The open concept design features a bright living area anchored by a sleek fireplace and sliding doors that lead to a private patio, while recessed lighting and engineered wood floors add warmth and style. The contemporary kitchen boasts granite countertops, stainless steel appliances, white cabinetry, and a breakfast bar that flows seamlessly into the dining space. The spacious primary suite is a true retreat with a custom accent wall, lounge area, and walk in closet. Its spa inspired bath showcases dual glass vessel sinks, mosaic tile, and an oversized shower. A second bedroom and upgraded bathroom offer flexibility for guests, office, or creative use. Additional highlights include in unit laundry, central HVAC, and ample storage. Highland Terraces provides resort style amenities including a pool, spa, sauna, gym, BBQ area, secure tandem parking, and ample guest parking. HOA dues cover water, high speed internet, earthquake insurance, and security monitoring. All of this, just moments from the Hollywood Bowl, Dolby Theatre, Runyon Canyon, and world class dining and entertainment.

Nearby schools

4/10
Selma Avenue Elementary School
Public,K-60.5mi
3/10
Hubert Howe Bancroft Middle School
Public,6-81.3mi
6/10
Hollywood Senior High School
Public,9-120.6mi

Price History

Date
Event
Price
10/13/25
Price Change
$630,000-3.1%
09/30/25
Listing
$650,000
05/05/17
Sold
$517,000
04/13/12
Sold
$251,000
08/30/96
Sold
$83,681
Condition Rating
Good

This condo, built in 1982, presents as move-in ready due to extensive and stylish upgrades. The kitchen features contemporary white cabinetry, granite countertops, and stainless steel appliances. Both bathrooms are significantly renovated with modern fixtures, including glass vessel sinks and mosaic tiling, creating a spa-inspired ambiance. Engineered wood floors and recessed lighting throughout the living areas and bedrooms enhance the modern aesthetic. While the building is over 40 years old, the unit's interior has clearly undergone substantial renovations within the last 5-15 years, bringing it up to current quality standards and aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Premier Hollywood Location: Unbeatable proximity to iconic Hollywood attractions like the Hollywood Bowl, Dolby Theatre, Runyon Canyon, and world-class dining and entertainment.
Modern & Upgraded Interior: Features a fully upgraded living space with engineered wood floors, a contemporary kitchen with granite countertops and stainless steel appliances, a spa-inspired primary bath, and central HVAC.
Resort-Style Community Amenities: The Highland Terraces community offers a comprehensive suite of amenities including a pool, spa, sauna, gym, BBQ area, secure tandem parking, and ample guest parking.
Valuable HOA Inclusions: HOA dues cover essential services such as water, high-speed internet, earthquake insurance, and security monitoring, providing significant value and peace of mind.
Private Outdoor Retreat: The unit includes a private patio accessible from the living area, offering personal outdoor space for relaxation or entertaining.

Cons

Substantial Monthly HOA Dues: The $927.08 monthly HOA fee is considerably high, which could impact affordability and long-term cash flow for potential buyers.
Building Age: Constructed in 1982, the building is over 40 years old, which may lead to higher maintenance costs or potential special assessments for common areas in the future, despite unit upgrades.
Recent Price Adjustment: A recent price drop from $650,000 to $630,000 suggests potential overpricing or extended market time, which could influence buyer negotiations and perception of value.

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