1940 N Highland Ave #54 Los Angeles, CA 90068

$589,000 Sold Price as of 02/25/2021

2 Beds
2 Baths
1,159 Sq.Ft.

Off Market

$589,000 Sold Price as of 02/25/2021 Refinance Your Mortgage

Map preview of 1940 N Highland Ave #54, Los Angeles, CA 90068

Property Overview: 1940 N Highland Ave #54 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,159 living square feet and 65,557 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1940 N Highland Ave #54 is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1940 N Highland Ave #54

Last sold for $589,000 on February 25th, 2021

April, 2024
Apr 24, 2024

Date

Canceled

CRMLS: 24366715

$719,000

Price
Mar 13, 2024

Date

Active

CRMLS: 24366715

$719,999

Price
Listing provided courtesy of CRMLS

Situated in a gated community in prime Hollywood, with no neighbors above or on one side, relax in peace and privacy in your quiet top floor home. This renovated unit boasts high ceilings and a light filled loft for your in-home office or bonus space. Enjoy the convenience of an in-unit washer and dryer, ample storage and closet space, and fully renovated bathrooms featuring elegant etched glass insets on the doors. Stay comfortable year-round with a new HVAC system and energy-efficient windows and sliders, complemented by a programmable thermostat for personalized climate control. The fully renovated kitchen features plenty of cabinet space and has access on both sides. Parking a breeze with two individually assigned spaces along with your dedicated storage shed. There's secondary access for owners only which leads directly to gated 20+ guest parking spaces. Amenities also include newly refinished sparkling pool, jacuzzi, sauna, gym, and dog run for the furry ones. Rest easy knowing that the HOA is well managed and covers EQ insurance, basic internet, water, garbage/recycling, and the AI-powered security system. Whether you're seeking a permanent residence or an investment opportunity, this property offers the flexibility of allowing rentals of 30 days or more. Don't miss your chance to experience the epitome of Hollywood living!*Photos are virtually staged*

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February, 2021
Feb 26, 2021

Date

Sold

CRMLS: 20661136

$589,000

Price
Feb 12, 2021

Date

Active Under Contract

CRMLS: 20661136

$599,000

Price
Nov 20, 2020

Date

Active

CRMLS: 20661136

$599,000

Price
Listing provided courtesy of CRMLS

An amazing fixer opportunity at The Terraces on Highland. Located in prime Hollywood, this home enjoys close proximity to many great attractions such as the Hollywood Bowl, Runyon Canyon Park, Hollywood Blvd. and all of the incredible entertainment and dining options Hollywood has to offer. Gracing the top floor of a well maintained building with few common walls, this private unit also offers a unique bright second story loft flex space perfect for a home office. This home also provides an in-unit washer and dryer, a private balcony, and is perfectly located in the community with seamless access to amenities, and easy elevator access to your covered parking spaces, making coming and going a breeze. Additional features include ample secure guest parking, a secondary back entrance, garage storage, and a dog run. This home is the perfect palette for your next masterpiece.

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February, 2021
Feb 25, 2021

Date

Sold (Public Records)

Public Records

$589,000

Price
June, 2006
Jun 20, 2006

Date

Sold (Public Records)

Public Records

$540,000

Price

Tax History for 1940 N Highland Ave #54

Assessed Value (2020): $627,000

Year	Land Value	Improved Value	Assessed Value
2020	$392,300	$234,700	$627,000

About 1940 N Highland Ave #54

Detailed summary of property

1940 N Highland Ave #54 is a condominium in Los Angeles, CA 90068 and last sold on February 25, 2021 for $589,000. This condo has 2 bedrooms, 2 bathrooms, roughly 1,159 living square feet, and sits on an approximately 65,557 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 43.9% lower than the current median priced home. 1940 N Highland Ave #54 was last sold on February 25, 2021 for $589,000. Local nearby listings include 2221 Castilian Dr, 2020 La Brea Terrace and 2031 Ivar Ave. The average home in Los Angeles, CA is selling in 97 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. If you are the homeowner and looking to sell the home at 1940 N Highland Ave #54 Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1940 N Highland Ave #54

Public county record property details

Beds: 2
Baths: 2
Year built: 1982
Sq. Ft.: 1,159
Lot Size: 65,557
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5575-024-070

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,150,000

Median List Price/Sq.Ft.

$874

Median Sold Price

$1,238,000

Median Sold Price/Sq.Ft.

$787

Total Inventory

160

Median Sale to List Price %

104.47%

Avg Days on Market

Loan Type

Conventional (15.38%), FHA (0%), VA (0%), Cash (3.85%), Other (3.85%)

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