Sold for $485,000

$485,000

1940 N Highland Ave APT 29, Los Angeles, CA 90068

2beds

987sqft

Residential, Condominium

Built in 1982

-- sqft lot

$484,400 Zestimate^®

$491/sqft

$3,390 Estimated rent

Home value

$484,400

$441,000 - $533,000

$3,390/mo

Zestimate^® history

Owner options

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$3,390/mo

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$3,390/mo

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$3,972/mo

Est. payment

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$3,972/mo

Est. payment

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What's special

Light filled rooms

A market cycle buy opportunity! Attention Buyers, first-time Buyers and Investors, this is a move-in ready, priced to sell chance to own a sweet 2-bedroom/2-bathroom condo in a sought after, resort style building. The Terraces is a low-rise building in the heart of Hollywood with nearby access to the Hollywood Bowl, The Dolby Theater, the Hollywood Heritage Museum, restaurants, theaters and many more of Hollywood's famous landmarks. Amenities at The Terraces include pool, spa, fitness gym, controlled access and gated 2-car tandem parking. Located towards the quieter rear side of the building with southern exposure, the condo comes full of charm, light filled rooms and stackable washer and dryer inside. The Hollywood lifestyle lives here.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Walk-In Closet, Living Room, Dining Area

Heating

Central

Cooling

Central Air, Air Conditioning

Appliances

Included: Dryer, Washer, Refrigerator, Range/Oven, Central Water Heater
Laundry: In Unit, Laundry Closet Stacked

Features

Built-Ins, Dining Area
Flooring: Laminate, Vinyl
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 987
Total interior livable area: 987 sqft

Property

Parking

Total spaces: 2
Parking features: Community Structure, Tandem, Assigned, Secured, Covered
Has garage: Yes
Covered spaces: 2

Features

Levels: One
Stories: 4
Exterior features: Balcony
Pool features: Community
Spa features: Community
Has view: Yes
View description: Tree Top
Waterfront features: None

Lot

Size: 1.51 Acres

Details

Parcel number: 5575024045
Zoning: LAR4
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Contemporary
Property subtype: Residential, Condominium
Attached to another structure: Yes

Condition

No Additions/Alter
Year built: 1982

Utilities & green energy

Sewer: In Street

Community & HOA

Community

Security: Card/Code Access, Gated
Subdivision: The Terraces

HOA

Has HOA: Yes
Amenities included: Controlled Access, Fitness Center, Outdoor Cooking Area, Guest Parking, Spa/Hot Tub, Pool
HOA fee: $867 monthly

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $491/sqft
Tax assessed value: $597,355
Annual tax amount: $7,502
Date on market: 8/7/2025

Price history

Date	Event	Price
9/17/2025	Sold	$485,000$491/sqft
Source: CLAW #25575083 Report a problem
9/9/2025	Pending sale	$485,000$491/sqft
Source: CLAW #25575083 Report a problem
8/14/2025	Contingent	$485,000$491/sqft
Source: CLAW #25575083 Report a problem
8/7/2025	Listed for sale	$485,000-14.8%$491/sqft
Source: CLAW #25575083 Report a problem
8/5/2025	Listing removed	$569,000$576/sqft
Source: CLAW #25523801 Report a problem
6/24/2025	Listed for rent	$2,950+22.9%$3/sqft
Source: CLAW #25556619 Report a problem
6/24/2025	Price change	$569,000-2.6%$576/sqft
Source: CLAW #25523801 Report a problem
4/11/2025	Listed for sale	$584,000+1.7%$592/sqft
Source: CLAW #25523801 Report a problem
8/16/2022	Listing removed	--
Source: CLAW #22-154571 Report a problem
8/8/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
7/27/2022	Listed for rent	$2,400$2/sqft
Source: Zillow Rental Network_1 #22-182559 Report a problem
7/25/2022	Price change	$574,000-0.9%$582/sqft
Source: CLAW #22-154571 Report a problem
6/27/2022	Price change	$579,000-3.3%$587/sqft
Source: CLAW #22-154571 Report a problem
5/10/2022	Listed for sale	$599,000+14.1%$607/sqft
Source: CLAW #22-154571 Report a problem
12/12/2017	Sold	$525,000-1.9%$532/sqft
Source: Public Record Report a problem
11/8/2017	Pending sale	$534,900$542/sqft
Source: HBC Realty #17280432 Report a problem
10/15/2017	Listed for sale	$534,900+7.2%$542/sqft
Source: HBC Realty #17280432 Report a problem
9/14/2008	Listing removed	$499,000$506/sqft
Source: Keller Williams Realty #08-287673 Report a problem
6/27/2008	Listed for sale	$499,000+41%$506/sqft
Source: Keller Williams Realty #08-287673 Report a problem
2/6/2004	Sold	$354,000$359/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,502 +2%	$597,355 +2%
2024	$7,352 +1.9%	$585,643 +2%
2023	$7,214 +4.5%	$574,161 +2%
2022	$6,906 +1.3%	$562,904 +2%
2021	$6,818 +0%	$551,868 +1%
2020	$6,816	$546,210 +2%
2019	$6,816 +3.7%	$535,500 +2%
2018	$6,574	$525,000 +21.1%
2017	$6,574 +23.3%	$433,663 +11.5%
2016	$5,333 +12.4%	$389,000 +1.3%
2015	$4,744 +33.1%	$384,000 +35.7%
2014	$3,564	$283,000
2012	--	$283,000 -28%
2011	--	$392,848 +0.8%
2010	--	$389,913 -0.2%
2009	--	$390,840 +2%
2008	--	$383,178 +2%
2007	--	$375,666 +2%
2006	--	$368,301
2005	--	$368,301 +56.8%
2004	--	$234,822 +1.9%
2003	--	$230,520 +8.7%
2002	--	$212,000 +186.8%
2000	--	$73,923