NOT LISTED FOR SALE

1940 N Highland Ave, Unit 43 Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $737,000 - $962,000

3 Beds
3 Baths
1,577 Sq Ft
$727/mo HOA Fee

Last Sold June 17, 2022

Last sale price $777,000 $493 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,834/month

11 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 1.5 Acre Lot
  • In Ground Pool
  • Gated Community
  • 4-minute walk to Highland Camrose Park

About This Home

As of June 2022

This spacious 3 bedroom 3 bathroom is centrally located in the heart of Hollywood, walking distance to the famous Hollywood Bowl! The unit itself is perfectly tucked away near the rear of the building making it incredibly peaceful and quiet. The entire unit has been tastefully and beautifully remodeled with concrete floors throughout. The open-concept kitchen, dining, and living room are very spacious and perfect for entertaining. The fully updated kitchen is complete with contemporary farmhouse style cabinets and sink as well as newer stainless-steel appliances and gorgeous marble back splash. Brand new stacked laundry in unit and a covered private patio. Not only is the unit gorgeous but it has plenty of storage space; each bedroom has one or two large closets! Building amenities include a pool (heated starting in the spring), a spa, gym, sauna, two outdoor grills, and secure and recently updated front entry just moments away from the iconic Hollywood and Highland intersection. There are two tandem parking spaces and ample guest parking. The perfect condo with all of the modern conveniences you need. Located near the 101 with easy access to the Valley, the Hollywood Hills, and West Hollywood! Come see this turnkey property before it's gone! Note: to access guest parking for your appointment, please contact the listing agent.

Last Agent to Sell the Property

Levi Freeman

Nourmand & Associates-HW License #01926993 Listed on: 05/23/2022

Last Buyer's Agent

Coby McDonald

Compass License #02117458

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,981

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 1.5

HOA Fees

  • $727 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,577 Sq Ft Home
  • Decorative Fireplace
  • Dining Area
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Subterranean Parking
  • Gated Parking
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5575-024-059

Community Details

Overview

  • 81 Units
  • Association Phone (310) 720-2696
  • Maintained Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,981

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Highland Terraces HOA
  • Entry Floor: 1
  • Living Area: 1577
  • Lot Acreage: 1.5049
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Stained Concrete
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: In Unit, Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 462.27

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Tandem, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Gated Community, Fitness Center, Gated Parking, Spa, Pool
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 727.37
  • Phone: 3107202696|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5575-024-059
  • Lot Size Area: 65553

Multi Family

  • Number Of Units: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2013
Closed on
Oct 25, 2013
Sold by
Holloway Andrea Vertrell
Bought by
Porte Peter J
Seller's Agent
Jason Squire
Compass
Buyer's Agent
Levi Freeman
Nourmand & Associates-HW
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$816,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,654
Avg. Annual Appreciation
6.35%
Original Mortgage
$312,000
Outstanding Balance
$234,780
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$581,874

Purchase Details

Listed on
Aug 3, 2013
Closed on
Oct 22, 2013
Sold by
Gibson Pamela
Bought by
Porte Peter J
Seller's Agent
Jason Squire
Compass
Buyer's Agent
Levi Freeman
Nourmand & Associates-HW
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Outstanding Balance
$234,780
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$581,874

Purchase Details

Closed on
Jul 8, 2013
Sold by
Jennings H Lamarr
Bought by
Jennings H Lamarr and Holloway Andrea Vertrell

Purchase Details

Closed on
Jun 4, 2004
Sold by
Withun Trudy
Bought by
Jennings H Lamarr

Purchase Details

Closed on
Jun 27, 1996
Sold by
Laeroc Highland Terraces Associates
Bought by
Withun Trudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.25%
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
Porte Peter J $390,000 Lawyers Title
Porte Peter J -- Lawyers Title
Jennings H Lamarr -- None Available
Jennings H Lamarr -- --
Withun Trudy $125,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porte Peter J $312,000
Previous Owner Withun Trudy $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2022 06/17/22 Sold $777,000 +6.6% $493 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $729,000 +86.9% $462 / Sq Ft
10/30/2013 10/30/13 Sold $390,000 -2.3% $247 / Sq Ft View Prior Sale
09/24/2013 09/24/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $399,000 +2.3% $253 / Sq Ft
09/02/2013 09/02/13 Off Market $390,000 -- --
08/03/2013 08/03/13 For Sale $399,000 -- $253 / 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 $9,981 $824,557 $286,526 $538,031
2024 $9,981 $808,390 $280,908 $527,482
2023 $9,789 $792,540 $275,400 $517,140
2022 $5,636 $450,503 $90,098 $360,405
2021 $5,558 $441,671 $88,332 $353,339
2019 $5,326 $428,572 $85,713 $342,859
2018 $5,304 $420,170 $84,033 $336,137
2016 $5,030 $403,857 $80,771 $323,086
2015 $4,958 $397,791 $79,558 $318,233
2014 $4,979 $390,000 $78,000 $312,000
Source: Public Records

Agents Affiliated with this Home

  • Levi Freeman

    Seller's Agent in 2022

    Levi Freeman

    Nourmand & Associates-HW

    (310) 388-7916

    5 in this area

    57 Total Sales

    Levi Freeman
    Section Image
  • Coby McDonald

    Buyer's Agent in 2022

    Coby McDonald

    Compass

    (347) 583-0331

    1 in this area

    20 Total Sales

    Coby McDonald
    Section Image
  • Jason Squire

    Seller's Agent in 2013

    Jason Squire

    Compass

    (818) 631-0580

    2 in this area

    56 Total Sales

    Jason Squire
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jahmall Ellis

See All Agents

About This Building

Map

Source: The MLS

MLS Number: 22-160223

The MLS

APN: 5575-024-059

California Los Angeles County Los Angeles 90068 Hollywood Hills

1940 N Highland Ave Unit 43, Los Angeles, CA

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