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1940 N Highland Ave

1940 N Highland Ave

1940 N Highland Ave
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

81 Units
4 Stories
1982 Year Built
$455K - $931K Value Range

Available Units

For Sale
For Rent

Highlights

  • Fitness Center
  • Elevator
  • In Ground Pool
  • Gated Parking
  • Gated Community
  • 4 min walk to Highland Camrose Park

Hollywood living at its finest

The Terrace on Highland, located at 1940 N Highland Avenue, stands as a testament to Hollywood's vibrant lifestyle. This four-story condominium, completed in 1982, houses 81 units in the heart of one of Los Angeles' most iconic neighborhoods. Situated just steps away from the world-famous Hollywood Bowl, the building offers residents a perfect blend of urban convenience and residential comfort. Its prime location puts residents at the center of Hollywood's bustling entertainment scene while providing a tranquil retreat from the city's hustle and bustle.

Spacious layouts with modern touches

The Terrace on Highland offers a variety of floor plans to suit different lifestyles, ranging from cozy one-bedroom units to expansive three-bedroom homes. One-bedroom units span from 595 to 1,101 square feet, with some featuring an additional bathroom. Two-bedroom units, the most common in the building, range from 980 to 1,769 square feet and are priced between $625,000 and $799,000. These homes often include two bathrooms and ample living space. For those seeking more room, three-bedroom units offer between 987 and 1,799 square feet of living area, with up to three bathrooms, and are priced around $830,000. Many units in the building have been thoughtfully updated to meet modern tastes and needs. Residents can expect to find homes with open floor plans, perfect for entertaining, and kitchens equipped with stainless steel appliances and ample counter space. Some units boast hardwood floors throughout, adding a touch of elegance to the living spaces. Large windows and private balconies or patios are common features, allowing residents to enjoy the California sunshine and, in some cases, stunning views of the Hollywood Hills or the city skyline. The top-floor units are particularly noteworthy, featuring soaring 20-foot ceilings and loft spaces that can serve as home offices or additional bedroom areas. These penthouse-style homes often come with upgraded finishes such as quartz countertops, custom cabinetry, and designer lighting fixtures. In-unit laundry is a standard amenity across all floor plans, adding convenience to daily life. Many units have undergone recent renovations, incorporating modern design elements such as subway tile in bathrooms, wide-plank wood flooring, and updated lighting. Some homes feature fireplaces in the living areas, providing a cozy focal point for relaxation. The primary bedrooms in larger units often include walk-in closets and ensuite bathrooms with dual vanities, catering to those who appreciate extra space and privacy.

Resort-inspired amenities for a luxurious lifestyle

The Terrace on Highland goes above and beyond to provide residents with a comprehensive suite of amenities designed to enhance their living experience. At the heart of the community is a sparkling pool and spa area, perfect for relaxation or a refreshing swim. Fitness enthusiasts will appreciate the well-equipped gym, featuring modern exercise machines and free weights. After a workout, residents can unwind in the sauna, promoting wellness and relaxation. For those who enjoy outdoor cooking and dining, the building offers two outdoor grilling areas, ideal for barbecues and social gatherings. Pet owners will find the on-site dog run a convenient amenity for their furry companions. The building also features a media and recreation room, providing a space for residents to socialize or host events. Security is a top priority at The Terrace on Highland. The building boasts a cutting-edge AI-monitored security camera system with a direct link to the LAPD, ensuring residents' safety around the clock. Access to the building and parking areas is controlled, with secure entry systems in place. Parking is ample and convenient, with most units allocated two assigned spaces. Additionally, there are 22 guest parking spots available, a rarity in the heart of Hollywood. For those with electric vehicles, the building offers a Level 2, 32-amp electric car charger. The Terrace on Highland stands out with its commitment to modern connectivity. Residents enjoy high-speed internet with guaranteed speeds of 100 Mbps both up and down, included in the HOA fees. This feature is particularly valuable for those who work from home or require reliable internet for streaming and gaming. Other notable amenities include a secure package locker system, ensuring safe delivery of parcels, and individual storage sheds for extra belongings. The building's HOA covers earthquake insurance, providing additional peace of mind for residents. A dedicated on-site manager is available six days a week to address any concerns and maintain the building's high standards. The recently updated lobby sets a sophisticated tone for the building, while the well-maintained common areas, including a community room, contribute to the overall upscale ambiance of The Terrace on Highland.

At the heart of Hollywood's iconic attractions

The Terrace on Highland sits at the epicenter of Hollywood's most famous landmarks and attractions. Just a stone's throw away is the legendary Hollywood Bowl, an open-air amphitheater that has hosted some of the world's most renowned musicians since its opening in 1922. Music lovers will appreciate the ability to walk to concerts, avoiding the notorious traffic and parking challenges that often accompany events at this iconic venue. A short stroll down Highland Avenue leads to the famous Hollywood and Highland complex, home to the Dolby Theatre (host of the Academy Awards) and the TCL Chinese Theatre. Here, residents can walk along the Hollywood Walk of Fame, taking in the stars of entertainment legends embedded in the sidewalk. The area is a hub of tourist activity, offering a constant buzz of excitement and celebrity sightings. For those seeking a taste of Hollywood's culinary scene, the neighborhood doesn't disappoint. Musso & Frank Grill, Hollywood's oldest restaurant, is within walking distance, offering a glimpse into the golden age of cinema with its classic American cuisine and legendary martinis. For more contemporary dining options, residents can explore the diverse eateries along Hollywood Boulevard and Sunset Boulevard. Outdoor enthusiasts will appreciate the proximity to Runyon Canyon Park, a popular hiking spot offering panoramic views of Los Angeles and the Hollywood Sign. The park is just a short drive or ambitious walk away, providing a natural escape from the urban environment. Shopping options abound in the area, with the Hollywood and Highland Center offering a mix of retail stores and entertainment. For everyday needs, residents have easy access to grocery stores like Trader Joe's and Target, both within walking distance. The nearby Gelson's Market caters to those looking for gourmet and specialty items. The neighborhood also boasts several smaller parks and green spaces, such as Franklin-Ivar Park and De Longpre Park, offering quiet spots for relaxation or a quick escape from the city's energy. These local parks provide a balance to the bustling entertainment district, allowing residents to enjoy both the excitement of Hollywood and moments of tranquility.

Well-connected to Greater Los Angeles

The Terrace on Highland's location offers residents excellent transportation options, making it easy to navigate both the immediate neighborhood and the greater Los Angeles area. For those who prefer public transit, the Hollywood/Highland Metro station is just a short walk away. This Red Line station provides quick access to downtown Los Angeles, Universal City, and North Hollywood, making commutes and city exploration convenient. Bus service in the area is robust, with several stops within a minute's walk of the building. The Metro Local Line stops at Highland & Franklin, while the DASH Hollywood Clockwise and Counterclockwise lines have stops nearby on Franklin Avenue. These bus lines offer affordable and efficient transportation throughout Hollywood and to neighboring areas. For residents who drive, the building's location provides easy access to major thoroughfares. The Hollywood Freeway (US-101) is just a few blocks away, offering quick routes to downtown Los Angeles, the San Fernando Valley, and beyond. The convenient location of the freeway entrance means residents can avoid much of the local traffic when heading out of the neighborhood. Cyclists will find the area somewhat challenging due to the hilly terrain and busy streets, but there are bike lanes on some nearby roads for those who prefer two-wheeled transportation. The building's bike storage facilities make it convenient for residents to keep and maintain bicycles for local trips. For longer journeys, the proximity to major airports is a significant advantage. Bob Hope Airport in Burbank is just a 15-minute drive away, ideal for domestic flights. Los Angeles International Airport (LAX), offering a full range of domestic and international flights, can be reached in about 30 minutes by car, traffic permitting. The walkable nature of the neighborhood means that many daily errands and entertainment options are accessible on foot, reducing the need for frequent car use. This combination of public transit options, easy freeway access, and walkability makes The Terrace on Highland an ideal location for those who value convenience and connectivity in their urban lifestyle.

Available Condos

Building Details

Views

  • City
  • Pool

Recreation

  • Fitness Center
  • In Ground Pool
  • Spa
  • Community Pool
  • Community Spa

Outdoor Features

  • Outdoor Cooking Area
  • Community Barbecue Grill

Amenities

  • Sauna
  • Recreation Room
  • Card or Code Access
  • Gated Community

Parking

  • 2 Car Garage
  • Gated Parking
  • 2 Parking Garage Spaces Per Unit
  • Parking Garage Space

Pet Policy

  • Call for details about the types of pets allowed

Condo Association

  • $931 Monthly HOA Fees
  • Monthly HOA Fees Range from $453 - $941
  • Association fees include earthquake insurance, trash, water and sewer paid
  • The Highlands Terraces Homeowners Association, Phone Number (310) 370-2696
  • Scott Management Company HOA

Building Design

  • Modern Architecture
  • Elevator

Unit Features

  • Laundry Room
  • Balcony

Unit Information

Unit
10
29
44
59
69
75
Beds
2 Beds
2 Beds
2 Beds
2 Beds
2 Beds
3 Beds
Baths
2 Baths
2 Baths
2 Baths
2 Baths
2 Baths
2.5 Baths
Sq Ft
980
987
1,478
1,434
1,233
1,900
Price
$559,000
$584,000
$889,000
$659,000
$599,000
$899,000
Price / Sq Ft
$570 / Sq Ft
$592 / Sq Ft
$601 / Sq Ft
$460 / Sq Ft
$486 / Sq Ft
$473 / Sq Ft
List Date
02/17/2025
04/11/2025
12/25/2024
02/02/2025
04/23/2025
03/05/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
595 - 1,101
Est. Values
$454,561 - $648,720
2 Bedroom Units
Sq Ft Range
980 - 1,769
Est. Values
$596,011 - $930,825
3 Bedroom Units
Sq Ft Range
1,316 - 1,900
Est. Values
$684,100 - $904,678
All Units
Sq Ft Range
595 - 1,900
Est. Values
$454,561 - $930,825

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Somewhat Bikeable

Bike Score®

39 / 100

Walker's Paradise

Walk Score®

95 / 100

Good Transit

Transit Score®

65 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$130K - $894K
Range of Taxes in Building
$1,905 - $11,108
Range of Taxes per Sq Ft
$1.56 - $8.68

Property Tax History

Source: Public Records

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Building Team

Property Management
1940 N Highland Ave
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.