NOT LISTED FOR SALE

1940 N Highland Ave, Unit 39 Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $549,000 - $876,000

2 Beds
2 Baths
1,224 Sq Ft
$439/mo HOA Fee

Last Sold June 14, 2012

Last sale price $275,000 $225 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $4,311/month

13 Days on Market

Highlights

  • Private Pool
  • Central Air
  • 4-minute walk to Highland Camrose Park
  • Laundry Room

About This Home

As of June 2012

Located at the base of Whitley Heights, this condo is situated on one of the best sides of the complex as it overlooks the courtyard to the former Rudy Valentino Estate. Hollywood Bowl Fireworks can be seen. Hardwood floors in living areas, carpet in bedrooms. This unit is close to the parking elevator leading to your 2 subterranean tandem garage parking spaces making access convenient. Property is sold "AS-IS" including any existing appliances, plumbing, heating/air & electrical systems. Offers will not be considered until seven 7 calendar days after listing period begins. Only offers from buyers utilizing federal funds under the Neighborhood Stabilization Program (NSP), municipalities, non-profit org's & owner-occupants will be considered during the 8th through the 12th calendar days after the initial listing date. Seller will consider all offers from all buyers on the 13th calendar day following the initial listing date. Buyer is to inspect the property 5 days prior to closing to determine that the property is in the same condition as when the offer to purchase was executed. The seller shall read: "Owner of Record". All cash offers are eligible for an expedited closing, pending clear title and/or hazard claim resolution, of approx 15 business days.

Last Agent to Sell the Property

Daniel Garcia

Century 21 Cornerstone License #01374819 Listed on: 05/08/2012

Last Buyer's Agent

Joel Cisneros

Logros A Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1982

Lot Details

  • 1.51

HOA Fees

  • $439 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,224 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36143
  • Assessor Parcel Number 5575024055

Community Details

Overview

  • 81 Units

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,405

Year Built

Built in 1982

Lot Details

0

HOA Fees

$439 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5575024055
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 224.67

Exterior Features

  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 439.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 81
  • Number Of Units Total: 81

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 36143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 7, 2012
Sold by
Bank Of America National Association
Bought by
Xu Pingyong and Jing Wen
Seller's Agent
Daniel Garcia
Century 21 Cornerstone
Buyer's Agent
Joel Cisneros
Logros A Real Estate Group
List Price
$249,900
Sold Price
$275,000
Premium/Discount to List
$25,100
10.04%
Current Estimated Value
$666,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,473
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Sperber Stephanie A
Bought by
Bank Of America National Association

Purchase Details

Closed on
Mar 27, 2006
Sold by
Lightner Lori K and Guenther Erik
Bought by
Sperber Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,400
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2002
Sold by
Lightner Lori K
Bought by
Lightner Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.86%

Purchase Details

Closed on
Apr 12, 2001
Sold by
Benjamin Kim Alan
Bought by
Lightner Lori K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
6.5%

Purchase Details

Closed on
Jun 25, 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
$74,750
Interest Rate
7.39%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Xu Pingyong $275,000 First American Title Company
Bank Of America National Association $246,500 Accommodation
Sperber Stephanie A $537,000 Stewart Title
Lightner Lori K -- First American Title Ins Co
Lightner Lori K -- North American Title Co
Benjamin Kim Alan -- North American Title
Benjamin Kim Alan $115,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sperber Stephanie A $107,400
Previous Owner Lightner Lori K $234,000
Previous Owner Lightner Lori K $237,500
Previous Owner Benjamin Kim Alan $74,750
Closed Benjamin Kim Alan $34,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2012 06/14/12 Sold $275,000 +10.0% $225 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $249,900 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,405 $345,404 $164,034 $181,370
2024 $4,405 $338,632 $160,818 $177,814
2023 $4,325 $331,993 $157,665 $174,328
2022 $4,155 $325,484 $154,574 $170,910
2021 $4,096 $319,103 $151,544 $167,559
2019 $3,909 $309,640 $147,050 $162,590
2018 $3,889 $303,569 $144,167 $159,402
2016 $3,679 $291,783 $138,570 $153,213
2015 $3,627 $287,401 $136,489 $150,912
2014 $3,645 $281,772 $133,816 $147,956
Source: Public Records

Agents Affiliated with this Home

  • Daniel Garcia

    Seller's Agent in 2012

    Daniel Garcia

    Century 21 Cornerstone

    (626) 252-3157

    66 Total Sales

    Daniel Garcia
    Section Image

  • J

    Buyer's Agent in 2012

    Joel Cisneros

    Logros A Real Estate Group

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About This Building

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12058620

California Regional Multiple Listing Service (CRMLS)

APN: 5575-024-055

California Los Angeles County Los Angeles 90068 Hollywood Hills

1940 N Highland Ave Unit 39, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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