1940 N Highland
Los Angeles, CA, 90068
$458,000
MLS: SR26072201
Beds
2
Baths
2
Sq Ft
980
Lot
1.51 ac
Year Built
1982
MLS #
SR26072201
Days on Market
18
Listed
Apr 3, 2026
Description
Welcome to The Terraces on Highland, nestled in the heart of Hollywood. This spacious residence showcases an open-concept floor plan with wood flooring, recessed lighting, and a cozy private balcony. The kitchen offers generous counter space and a convenient breakfast bar, perfect for casual dining or entertaining. Down the hallway, you’ll find a guest bathroom complete with its own shower, as well as a designated laundry area. The primary suite features an en-suite bathroom and ample closet space, while the second bedroom is ideal for guests or a home office. Community amenities include a fitness center, heated swimming pool, spa, sauna, and jacuzzi. The gated complex provides secure resident parking and guest parking for added convenience. Best of all, you’re just moments away from the Hollywood Bowl, Runyon Canyon, Dolby Theatre, fine dining, and endless entertainment. HOA dues include earthquake and fire insurance, hot and cold water, and internet.
Location
Los Angeles, Los Angeles County, CA 90068
Open on Google Maps ↗Listed by: Dee Celik · Keller Williams Realty Calabasas
Payment estimate
$3,481
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $45,800 · Loan: $412,200
- Principal & Interest
- $2,533
- Property tax (1.25%)
- $477
- Homeowners insurance
- $300
- Mortgage insurance
- $172
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $16,030 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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