tomo logo

$829,900

Beds
3
Baths
2.0
sq ft
1,654

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

1940 N Highland Ave Unit 42

Los Angeles, CA 90068

  • 30 days on market
FREE HOA DUES FOR ONE YEAR!!!!! Step into Unit 42 at The Terraces on Highland, where luxury meets the Hollywood lifestyle. This expansive 1,654-square-foot residence is a perfect sanctuary for industry professionals, offering the ideal balance between creative energy and serene comfort. The open-concept living and dining areas flow seamlessly into the kitchen, featuring stainless steel appliances and ample counter space—perfect for hosting intimate gatherings or whipping up meals after a long day on set. Your private patio just off the living room is a wonderful extension of your living area, offering a peaceful retreat from the vibrant city just beyond. The master suite is your personal haven, complete with a generous dressing area, a walk-in closet fit for a star, and a large ensuite bathroom. The additional two bedrooms offer versatility—whether for guests, a home office, or your own creative studio. With ample room to work, rest, and create, this home is designed to fit the rhythm of your life. Outside, the building’s amenities provide everything you need to recharge and unwind. Enjoy a swim in the pool, relax in the spa, or keep fit in the gym and sauna. A dog run, outdoor grills, and high-speed internet are just a few of the conveniences included. Safety and security are prioritized with AI-monitored surveillance linked directly to LAPD. Two assigned parking spaces and ample guest parking make entertaining a breeze, though you’ll rarely need a car thanks to the unbeatable location. Nestled steps away from the Hollywood Bowl, the iconic Walk of Fame, and the bustling entertainment scene, you’re in the heart of it all. Public transit options abound, allowing you to skip the hassle of parking and long commutes. Whether you’re heading to the studio, a premiere, or simply taking in the sights, Unit 42 at 1940 N Highland Ave offers the ultimate Hollywood living experience. Welcome home.

Details

Property type

Condominium

Est. home value

$800,077

Lot size

1.5053 acres

Price per sq ft

$502

Year built

1982

Monthly HOA fee

$978

Price History

09/05/2024
CRMLS

CRMLS #TR24183043

Listed
$829,900
-2.35%
08/22/2024
CRMLS

CRMLS #CV24101585

Removed
$849,900
08/01/2024
CRMLS

CRMLS #CV24101585

Price change
$849,900
-2.2%

Schools & Community

Neighborhood: 

Hollywood Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

81

Seller’s Loan History

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

Lender

Hometap Investments Partners Iii Spv Llc

Loan start date

January 2022

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Stand Alone Second

Seller

Christopher Johnson and Bethel Alvaro Johnson

Lender

Provident Funding Associates Lp

Loan start date

December 2020

Original loan amount

$562,000

Est. remaining balance

$514,711

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Christopher Johnson and Bethel Alvaro Johnson

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?

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Status: Active

Tomo last checked: 10/04/2024 at 6:25 PM

Listing updated: 09/30/2024 at 9:02 AM

Listed by: Lynette Najar, Bright Star Estates, Inc. Phone #: (310) 850-6412

MLS: CRMLS #TR24183043

CRMLS logo

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