$620,000
SOLD DEC 13, 2024
2 Beds
2 Baths
1,042 Sq Ft
$881/mo HOA Fee

Recently Sold

$595 Per Sq Ft

5% Above List Price

77 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Gated Community
  • In Ground Pool
  • Gated Parking
  • 4-minute walk to Highland Camrose Park

About This Home

As of December 2024

Welcome to this stunning 2-bedroom, 2-bathroom condo located at 1940 N Highland Avenue. Boasting 1,042 square feet of living space, this sophisticated residence offers a luxurious urban lifestyle in a prime location.As you step inside, you'll be greeted by a spacious and bright interior. The living space seamlessly flows into the modern kitchen, complete with stainless steel appliances and ample storage. The primary bedroom is a tranquil retreat with an en-suite bathroom, while the second bedroom offers flexibility for guests or a home office.This condo provides access to an array of exceptional building amenities, including a pool deck, sauna, spa, gym, and a common media/recreation room. The outdoor barbecue area is perfect for entertaining and enjoying the beautiful California weather. With assigned parking and guest parking, convenience is at the forefront, and the building's elevator adds an extra touch of ease to daily living.Located in the heart of Los Angeles, this condo offers a vibrant and dynamic lifestyle with easy access to the city's renowned dining, shopping, and entertainment destinations. Don't miss the opportunity to experience the best of urban living in this remarkable condo. Schedule a showing today and make this stunning property your new home!

Last Agent to Sell the Property

Shalaya Shipman

Shalaya A. Shipman License #01444963 Listed on: 11/01/2024

Last Buyer's Agent

Shalaya Shipman

Shalaya A. Shipman License #01444963 Listed on: 11/01/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,842

Year Built

  • Built in 1982

Lot Details

  • Gated Home
  • Wrought Iron Fence

HOA Fees

  • $881 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Parking Garage Space

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Stucco

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Living Room Balcony

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5575-024-042

Community Details

Overview

  • Association fees include insurance, trash, earthquake insurance, water and sewer paid
  • 81 Units

Amenities

  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,842

Year Built

Built in 1982

Lot Details

0

HOA Fees

$881 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: The Highlands Terraces Homeowners Association
  • Entry Floor: 2
  • Entry Location: Mid Level
  • Living Area: 1042
  • Lot Acreage: 1.5053
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 2
  • Year Built: 1982
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Elevator, Living Room Balcony, Turnkey
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Microwave, Free Standing Gas, Cooktop - Gas
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Primary Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Over Tub, Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Stone Counters, Remodeled, Open to Family Room, Island, Galley Kitchen
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Garbage Disposal, Dryer, Washer, Microwave, Built-Ins, Ceiling Fan, Elevator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 565.26
  • Windows: Drapes/Curtains, Double Pane Windows

Exterior Features

  • Balcony: Yes
  • Construction: Stucco
  • Other Features: Balcony, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Patio: Living Room Balcony
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Heated, Association Spa, In Ground
  • Spa Yn: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Community Garage

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water Heater: Gas
  • Cooling: Window Unit(s), Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Gated, Community, Card/Code Access, Fire Sprinklers
  • Sewer: Unknown
  • Water: On Site, Public

Association/Amenities

  • Amenities: Gated Parking, Gated Community, Spa, Fitness Center, Sauna, Pool, Elevator
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Trash, Earthquake Insurance, Water and Sewer Paid
  • HOA Fees: 881.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5575-024-042
  • Lot Size Area: 65573

Multi Family

  • Number Of Units: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 21, 2024
Sold by
Jampani Hanuman B and Jampani Rushita
Bought by
Billions Charlotte
Seller's Agent
Shalaya Shipman
Shalaya A. Shipman
Buyer's Agent
Shalaya Shipman
Shalaya A. Shipman
List Price
$589,000
Sold Price
$620,000
Premium/Discount to List
$31,000
5.26%
Views
62
Current Estimated Value
$599,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,226
Avg. Annual Appreciation
-3.93%
Original Mortgage
$608,770
Outstanding Balance
$604,469
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
-$2,833

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 24, 2020
Sold by
Jampani Uma
Bought by
Jampani Hanuman B
Seller's Agent
Jasmine Gonzalez
Real Broker
Buyer's Agent
Richard Wilkinson
Compass
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$501,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 7, 2020
Sold by
Galicia Olivia and The Olivia Galicia Trust
Bought by
Jampani Hanuman B and Jampani Rushita
Seller's Agent
Jasmine Gonzalez
Real Broker
Buyer's Agent
Richard Wilkinson
Compass
List Price
$629,000
Sold Price
$590,000
Premium/Discount to List
-$39,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2018
Sold by
Galicia Olivia
Bought by
Galicia Olivia and Olivia Galicia Trust

Purchase Details

Closed on
Jun 28, 2012
Sold by
Glauber Martha Olivia Galicia
Bought by
Glauber Olivia Galicia and Glauber Family Trust

Purchase Details

Closed on
Mar 26, 2012
Sold by
Glauber Russell L and Glauber Olivia G
Bought by
Glauber Martha Olivia Galicia

Purchase Details

Closed on
Aug 9, 2011
Sold by
Glauber Russell L and Glauber Martha Olivia Galicia
Bought by
Glauber Russell L and Glauber Olivia G

Purchase Details

Closed on
Sep 9, 2008
Sold by
Glauber Russell L and Glauber Olivia G
Bought by
Glauber Russell L

Purchase Details

Closed on
Apr 7, 2005
Sold by
Robinson Nicole
Bought by
Glauber Russell

Purchase Details

Closed on
Jun 30, 1997
Sold by
Laeroc Highland Terraces Associates
Bought by
Benjamin Kim Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,950
Interest Rate
8.39%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $620,000 Consumers Title Company
Grant Deed $620,000 Consumers Title Company
Interfamily Deed Transfer -- Pacific Coast Title
Grant Deed $590,000 Pacific Coast Title
Interfamily Deed Transfer -- None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $489,000 United Title Company-La
Grant Deed $103,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,770 FHA
Closed $608,770 FHA
Previous Owner $501,500 New Conventional
Previous Owner $202,700 Unknown
Previous Owner $197,910 Unknown
Previous Owner $92,000 Unknown
Previous Owner $66,950 No Value Available
Closed $30,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $620,000 +5.3% $595 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $589,000 0.0% $565 / Sq Ft
11/01/2024 11/01/24 For Sale $589,000 -5.0% $565 / Sq Ft
10/29/2024 10/29/24 Off Market $620,000 -- --
09/24/2024 09/24/24 Price Changed $595,000 -4.8% $571 / Sq Ft
09/03/2024 09/03/24 For Sale $625,000 +5.9% $600 / Sq Ft
09/04/2020 09/04/20 Sold $590,000 -4.1% $566 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $615,000 -2.2% $590 / Sq Ft
02/12/2020 02/12/20 For Sale $629,000 -- $604 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $7,842 $620,000 $430,600 $189,400
2024 $7,842 $626,111 $464,384 $161,727
2023 $7,693 $613,835 $455,279 $158,556
2022 $7,363 $601,800 $446,352 $155,448
2021 $7,269 $590,000 $437,600 $152,400
2020 $7,549 $607,000 $357,300 $249,700
2019 $6,228 $508,000 $299,000 $209,000
2018 $6,778 $546,000 $321,000 $225,000
2017 $6,187 $498,000 $293,000 $205,000
2016 $5,307 $429,000 $252,000 $177,000
2015 $4,890 $394,000 $231,000 $163,000
2014 $3,737 $290,000 $170,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-434585

The MLS

APN: 5575-024-042