NOT LISTED FOR SALE

1940 N Highland Ave, Unit 46 Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $517,000 - $837,000

2 Beds
2 Baths
987 Sq Ft
$636/mo HOA Fee

Last Sold February 19, 2022

Last sale price $660,000 $669 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,628/month

8 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Peek-A-Boo Views
  • 24-Hour Security
  • Gated Community
  • 4-minute walk to Highland Camrose Park

About This Home

As of February 2022

Come home to this white, bright two-bedroom, two-bath condo in the heart of Hollywood. You'll be minutes from all of the attractions, including Hollywood & Highland, the Hollywood Bowl, Mann's Chinese Theatre, and Runyon Canyon, and within easy reach of the 101 Freeway. The 980-square foot unit has been thoughtfully updated with white subway tile in both bathrooms, stainless steel kitchen appliances, washer-dryer in unit, wide-plank wood flooring in all rooms, and white stone countertops in kitchens/baths. Unit has a balcony and two-car covered parking. Building has a pool, guest parking and HOA fees of $645.35 *****OFFERS DUE BY NOON ON TUESDAY JAN 25TH 2022****

Last Agent to Sell the Property

Pamela Rich

The Agency License #01262935 Listed on: 01/19/2022

The Agency

Last Buyer's Agent

Andrew Robarge

Compass License #01761507

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,564

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 987 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Home Gym
  • Peek-A-Boo Views
  • Alarm System
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5575-024-062

Community Details

Overview

  • 81 Units

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,564

Year Built

Built in 1982 | Remodeled

Lot Details

0

HOA Fees

$636 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Come home to this white, bright two-bedroom, two-bath condo in the heart of Hollywood. You'll be minutes from all of the attractions, including Hollywood & Highland, the Hollywood Bowl, Mann's Chinese Theatre, and Runyon Canyon, and within easy reach of the 101 Freeway. The 980-square foot unit has been thoughtfully updated with white subway tile in both bathrooms, stainless steel kitchen appliances, washer-dryer in unit, wide-plank wood flooring in all rooms, and white stone countertops in kitchens/baths. Unit has a balcony and two-car covered parking. Building has a pool, guest parking and HOA fees of $645.35
  • Complex Name: The Highland Terraces
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 987
  • Lot Acreage: 1.5049
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Engineered Hardwood, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Elevator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 606.89

Exterior Features

  • Balcony: faces Sout
  • Direction Faces: South
  • Other Features: Balcony
  • Exposure: South
  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Assigned, Attached, Auto Driveway Gate, Community Garage, Controlled Entrance, Door Opener, Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Community, Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Gated Community, Fitness Center, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 635.50
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5575-024-062
  • Lot Size Area: 65553

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 26, 2016
Sold by
Mallette Melissa Claire
Bought by
Josephs Joe
Seller's Agent
Patricia Williams
Home Team Realty
Buyer's Agent
Bruce Drucker
Hartwell Realty
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%
Current Estimated Value
$626,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,347
Avg. Annual Appreciation
2.17%
Original Mortgage
$400,000
Outstanding Balance
$318,637
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$307,710

Purchase Details

Listed on
Jul 22, 2016
Closed on
Aug 17, 2016
Sold by
4551 Fountain Llc
Bought by
Josephs Joseph I and Gamson Joan
Seller's Agent
Patricia Williams
Home Team Realty
Buyer's Agent
Bruce Drucker
Hartwell Realty
List Price
$499,999
Sold Price
$515,000
Premium/Discount to List
$15,001
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$318,637
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$307,710

Purchase Details

Closed on
Aug 26, 2008
Sold by
Eliav Ilan
Bought by
4551 Fountain Llc

Purchase Details

Closed on
Aug 20, 2003
Sold by
Eliav Ilan and Eliav Lili Lee
Bought by
Eliav Ilan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1996
Sold by
Laeroc Highland Terraces Associates
Bought by
Eliav Ilan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,067
Interest Rate
8.87%
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
Josephs Joe -- None Available
Josephs Joseph I $515,000 Provident Title Company
4551 Fountain Llc -- None Available
Eliav Ilan -- Commonwealth Land Title Co
Eliav Ilan $74,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Josephs Joseph I $400,000
Previous Owner Eliav Ilan $231,000
Previous Owner Eliav Ilan $48,067
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2022 02/19/22 Sold $660,000 +10.2% $669 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $599,000 0.0% $607 / Sq Ft
12/18/2020 12/18/20 Rented $2,450 -5.6% --
10/28/2020 10/28/20 Price Changed $2,595 -3.7% $3 / Sq Ft
10/09/2020 10/09/20 For Rent $2,695 +3.7% --
10/29/2018 10/29/18 Rented $2,600 -3.5% --
10/23/2018 10/23/18 Price Changed $2,695 -3.8% $3 / Sq Ft
10/09/2018 10/09/18 Price Changed $2,800 -6.5% $3 / Sq Ft
10/02/2018 10/02/18 Price Changed $2,995 -3.4% $3 / Sq Ft
09/26/2018 09/26/18 For Rent $3,100 0.0% --
09/14/2016 09/14/16 Sold $515,000 +3.0% $522 / Sq Ft View Prior Sale
07/22/2016 07/22/16 For Sale $499,999 -- $507 / 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 $8,564 $700,395 $510,440 $189,955
2024 $8,564 $686,663 $500,432 $186,231
2023 $8,402 $673,200 $490,620 $182,580
2022 $6,910 $563,224 $408,475 $154,749
2021 $6,821 $552,181 $400,466 $151,715
2019 $6,551 $535,805 $388,589 $147,216
2018 $6,527 $525,300 $380,970 $144,330
2016 $5,078 $410,000 $288,000 $122,000
2015 $4,768 $384,000 $270,000 $114,000
2014 $3,674 $285,000 $200,200 $84,800
Source: Public Records

Agents Affiliated with this Home

  • Pamela Rich

    Seller's Agent in 2022

    Pamela Rich

    The Agency

    (310) 666-7424

    1 in this area

    19 Total Sales

    Pamela Rich
    Section Image
  • Andrew Robarge

    Buyer's Agent in 2022

    Andrew Robarge

    Compass

    (310) 621-7672

    3 in this area

    34 Total Sales

    Andrew Robarge
    Section Image

  • P

    Seller's Agent in 2016

    Patricia Williams

    Home Team Realty

    Section Image

  • B

    Buyer's Agent in 2016

    Bruce Drucker

    Hartwell Realty

See All Agents

About This Building

Map

Source: The MLS

MLS Number: 22-119875

The MLS

APN: 5575-024-062

California Los Angeles County Los Angeles 90068 Hollywood Hills

1940 N Highland Ave Unit 46, Los Angeles, CA

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