1940 N Highland Avenue 2
Los Angeles, CA, 90068
(No pictures available yet)
$599,000
MLS: SR26098502
Beds
2
Baths
2
Sq Ft
1,220
Lot
1.51 ac
Year Built
1982
MLS #
SR26098502
Days on Market
1
Listed
May 12, 2026
Description
A rare opportunity to assume the sellers 3.25% interest rate mortgage with 25 years remaining to secure a significantly lower monthly payment. This 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 22 guest parking available inside the gates. The HOA includes water, trash, sewer, earthquake insurance, high speed internet, and AI-based security. 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.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Tomik Dermagerdichian · Equity Union
Payment estimate
$4,507
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,900 · Loan: $539,100
- Principal & Interest
- $3,358
- Property tax (1.25%)
- $624
- Homeowners insurance
- $300
- Mortgage insurance
- $225
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 14, 2026
- 30-year fixed
- 6.36%
- 15-year fixed
- 5.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90068 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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