1940 N Highland Avenue 42
Los Angeles, CA, 90068
$691,200
Original list price: $768,000
MLS: 26872145
Beds
2
Baths
2
Sq Ft
1,654
Lot
1.51 ac
Year Built
1982
MLS #
26872145
Days on Market
79
Listed
Aug 13, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Erwin De Leon · Nest Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,719
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $69,120 · Loan: $622,080
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,239
- Property tax (1.25%)
- $720
- Homeowners insurance
- $300
- Mortgage insurance
- $259
- HOA dues
- $1,200
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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $24,192 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
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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
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