tomo logo

$655,000

Beds
2
Baths
2.0
sq ft
1,220

1940 N Highland Ave Unit 2, Los Angeles, CA 90068

1940 N Highland Ave Unit 2

Los Angeles, CA 90068

  • 16 days on market
*Open House* Look for RISE Open House signs with agent number for vehicle gate access ** Welcome to 1940 N Highland Ave #2, a spacious 2-bedroom, 2-bathroom condo offering 1,220 sq ft of trendy living in the heart of Hollywood. A community filled with families and long-term residents you’ll be greeted with a lengthy open concept kitchen with oversized black quartz countertop and ample cabinet storage. Light toned hardwood floors and recessed lighting are throughout the home. Along with central AC and heating the living room has an inviting gas fireplace and access to the patio to keep the home comfortable year-round. Both bedrooms are generously sized, with the primary large enough to feel like its own studio with private en-suite and walk-in closet. Included are stainless steel appliances and in-unit washer dryer conveniently located adjacent to the bedrooms. Step outside to enjoy the community amenities, which include a sparkling pool, relaxing spa, fully equipped gym, and brand new BBQ grills—perfect for entertaining or unwinding after a long day. The gated parking structure includes 2 assigned spaces in an ideal location close to the lobby entrance, with plenty of guest parking available inside the gates. Located close to Highway 101 access in a highly desirable neighborhood, this property is walkable to the iconic Hollywood Bowl, Ovation Hollywood / Highland shopping center, Chinese Theater and El Capitan Theater, and numerous other Hollywood staples on the famous Hollywood Walk of Fame boulevard. Don’t miss out on this opportunity to live in a vibrant community while enjoying the comforts of home at 1940 N Highland Ave #2!

Details

Property type

Condominium

Est. home value

$766,284

Lot size

1.5053 acres

Price per sq ft

$537

Year built

1982

Monthly HOA fee

$978

Price History

11/05/2024
CRMLS

CRMLS #SR24212998

Listed
$655,000
+0.77%
11/16/2017
CLAW

CLAW #17270910

Sold
$650,000
+58.92%
11/19/2014
CRMLS

CRMLS #SR14169508

Sold
$409,000

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights, Suburban

High school district: 

Los Angeles Unified

Number of units in community: 

81

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$42,604
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$559,996
Cash to seller
$42,604

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

September 2021

Original loan amount

$602,450

Est. remaining balance

$559,996

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Jonathan Williamson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/21/2024 at 1:45 PM

Listing updated: 11/19/2024 at 1:57 PM

Listed by: Tomik Dermagerdichian, Real Brokerage Technologies, Inc. Phone #: (619) 248-6434

MLS: CRMLS #SR24212998

CRMLS logo

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