NOT LISTED FOR SALE

1940 N Highland Ave, Unit 42 Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $741,000 - $1,127,000

2 Beds
2 Baths
1,654 Sq Ft
$532/Sq Ft Est. Value

Last Sold August 03, 2017

Last sale price $620,000 $375 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,342/month

Highlights

  • Fitness Center
  • Community Pool
  • Balcony
  • Sauna
  • Recreation Facilities
  • 4-minute walk to Highland Camrose Park

About This Home

As of November 2021

A fantastic oasis in the heart of Hollywood is ready to welcome you home! Gracious living/dining area is perfect for entertaining and relaxing. Well-lit and with smart light systems installed, it is a blank canvas that encourages you to create spaces designed especially for your needs. Glass doors slide open to a tile-finished patio for an alfresco component. Recently updated kitchen includes stainless steel appliances, subway tile backsplash, and a breakfast nook that is also an extra work area. Down the hall are oversized bedrooms with direct access to full baths. Primary suite highlights private entry to the patio, a built-in dresser, and dual sinks in the attached bath. The Terraces on Highland is a fabulous, updated complex with high-end amenities including a gorgeous pool & spa, fitness center, recreation room, and secured guest parking spots!

Last Agent to Rent the Property

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 10/28/2021

Last Renter's Agent

Belong HQ

Omer Savir, Broker License #02099047 Listed on: 10/28/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,585

Year Built

  • 1982

Lot Details

  • 1,655

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,654 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Balcony
  • 1,655 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 10/28/21
  • Rent includes sewer, trash removal
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Barbecue Grill

Recreation

  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,585

Year Built

1982

Lot Details

0

Parking

2

Rental Info

  • Available: 10/28/2021
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Sewer, Trash Removal
  • Security Deposit: 3000

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Allowed
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1654
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Electric, Oven - Gas, Refrigerator
  • Living Sq Ft: 1654
  • Laundry: Washer / Dryer
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Gas

Condo/Co-op/Association

  • Complex Name: The Terraces on Highland
  • HOA Amenities: Bbq Area, Community Pool, Gym / Exercise Facility, Recreation Room, Sauna / Spa / Hot Tub
  • HOA Exist: Yes

Lot Info

  • Lot Acres: 0.0380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1654.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1654.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Jun 30, 2017
Sold by
Deburdo Arnold
Bought by
Johnson Christopher and Johnson Bethel Alvaro
Seller's Agent
Richard Wilkinson
Compass
Buyer's Agent
Daniel DeLeon
Compass
List Price
$598,000
Sold Price
$620,000
Premium/Discount to List
$22,000
3.68%
Current Estimated Value
$879,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,676
Avg. Annual Appreciation
4.34%
Original Mortgage
$589,000
Outstanding Balance
$489,494
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$390,182

Purchase Details

Closed on
Feb 20, 2001
Sold by
Laeroc Highland Terraces Associates
Bought by
Deburdo Arnold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
7.12%
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 Buyer Sale Price Title Company
Johnson Christopher $620,000 Dar Title Company
Deburdo Arnold -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher $589,000
Previous Owner Deburdo Arnold $174,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2021 11/12/21 Rented $3,000 0.0% --
11/04/2021 11/04/21 Under Contract -- -- --
10/28/2021 10/28/21 For Rent $3,000 0.0% --
08/03/2017 08/03/17 Sold $620,000 +3.7% $375 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
06/10/2017 06/10/17 For Sale $598,000 -- $362 / Sq Ft
Source: MLSListings

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 $8,585 $705,449 $113,781 $591,668
2024 $8,585 $691,617 $111,550 $580,067
2023 $8,421 $678,057 $109,363 $568,694
2022 $8,056 $664,763 $107,219 $557,544
2021 $7,949 $651,729 $105,117 $546,612
2019 $7,642 $632,400 $102,000 $530,400
2018 $7,698 $620,000 $100,000 $520,000
2016 $3,444 $277,475 $55,999 $221,476
2015 $3,394 $273,308 $55,158 $218,150
2014 $3,409 $267,955 $54,078 $213,877
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2021

    Belong HQ

    Omer Savir, Broker

    (650) 885-9166

    3 Total Sales

    Belong HQ
    Section Image
  • Richard Wilkinson

    Seller's Agent in 2017

    Richard Wilkinson

    Compass

    (323) 445-2426

    6 in this area

    77 Total Sales

    Richard Wilkinson
    Section Image

  • D

    Buyer's Agent in 2017

    Daniel DeLeon

    Compass

    Section Image
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About This Building

Map

Source: MLSListings

MLS Number: ML81868345

MLSListings

APN: 5575-024-058

California Los Angeles County Los Angeles 90068 Hollywood Hills

1940 N Highland Ave Unit 42, Los Angeles, CA

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