1940 N Highland Ave, Unit 10 Floor 2 Los Angeles, CA 90068
Hollywood Hills NeighborhoodEstimated payment $3,996/month
Highlights
- 1.51 Acre Lot
- Laundry Room
- 4-minute walk to Highland Camrose Park
- Community Pool
- Central Air
About This Home
Welcome to The Terraces on Highland, nestled in the heart of Hollywood. This spacious residence showcases an open-concept floor plan with wood flooring, recessed lighting, and a cozy private balcony. The kitchen offers generous counter space and a convenient breakfast bar, perfect for casual dining or entertaining.
Down the hallway, you’ll find a guest bathroom complete with its own shower, as well as a designated laundry area. The primary suite features an en-suite bathroom and ample closet space, while the second bedroom is ideal for guests or a home office.
Community amenities include a state-of-the-art fitness center, heated swimming pool, spa, sauna, and jacuzzi. The gated complex provides secure resident parking and guest parking for added convenience.
Best of all, you’re just moments away from the Hollywood Bowl, Runyon Canyon, Dolby Theatre, fine dining, and endless entertainment. HOA dues include earthquake and fire insurance, hot and cold water, and internet.
Listing Agent
Keller Williams Realty Calabasas Brokerage Phone: 818-660-5949 License #01448674 Listed on: 10/21/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,352
Year Built
- Built in 1982
Lot Details
- Two or More Common Walls
HOA Fees
- $866 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 2nd floor
Interior Spaces
- 980 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Air
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 36143
- Assessor Parcel Number 5575024027
- $327 per year additional tax assessments
Community Details
Overview
- 81 Units
- Highland Terraces Homeowners Association, Phone Number (310) 370-2696
- Scott Management Company HOA
Recreation
- Community Spa
Map
About This Building
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,352 | $597,356 | $455,130 | $142,226 |
| 2024 | $7,352 | $585,644 | $446,206 | $139,438 |
| 2023 | $7,213 | $574,161 | $437,457 | $136,704 |
| 2022 | $6,906 | $562,904 | $428,880 | $134,024 |
| 2021 | $6,817 | $551,868 | $420,471 | $131,397 |
| 2019 | $6,547 | $535,500 | $408,000 | $127,500 |
| 2018 | $6,487 | $529,000 | $436,000 | $93,000 |
| 2016 | $4,720 | $387,000 | $319,000 | $68,000 |
| 2015 | $4,673 | $383,000 | $316,000 | $67,000 |
| 2014 | $3,796 | $302,000 | $249,500 | $52,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $479,999 | 0.0% | $490 / Sq Ft | |
| 10/02/2021 10/02/21 | Rented | $2,600 | 0.0% | -- | |
| 09/10/2021 09/10/21 | For Rent | $2,600 | 0.0% | -- | |
| 07/24/2019 07/24/19 | Rented | $2,600 | 0.0% | -- | |
| 07/19/2019 07/19/19 | Under Contract | -- | -- | -- | |
| 06/25/2019 06/25/19 | For Rent | $2,600 | 0.0% | -- | |
| 04/27/2018 04/27/18 | Sold | $525,000 | +3.1% | $536 / Sq Ft | View Prior Sale |
| 02/23/2018 02/23/18 | For Sale | $509,000 | -- | $519 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $525,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $460,000 | Southland Title | |
| Individual Deed | $130,000 | Provident Title | |
| Corporate Deed | -- | Landsafe Title | |
| Trustee Deed | $98,554 | Landsafe Title | |
| Grant Deed | $92,000 | Commonwealth Land Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $368,000 | Purchase Money Mortgage | |
| Previous Owner | $126,295 | FHA | |
| Previous Owner | $89,400 | FHA | |
| Closed | $46,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25240882
APN: 5575-024-027
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