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$695,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,257 Sq. Ft.
  • Updated 3 days ago
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Welcome to resort living in the heart of the Hollywood Hills! This stylish 2-bed, 2-bath condo offers rare privacy with only one shared wall, creating a peaceful retreat above the city. Inside, a light-filled living room with soaring ceilings, warm wood floors, and a cozy fireplace sets the tone, flowing seamlessly to your private enclosed patio, perfect for morning coffee or unwinding under the evening lights. The updated kitchen is both modern and functional, featuring sleek finishes, stainless steel appliances, ample cabinetry, and convenient in-unit laundry. The spacious primary suite serves as a true escape, complete with a walk-in closet and a spa-like bath with a soaking tub. The second bedroom offers flexibility for guests, a home office, or a creative space. There are two side-by-side gated parking spots with elevator access, multiple guest spots, and shared storage. Additional highlights include central heat and air and access to an impressive collection of amenities, including a pool, spa, gym, tennis court, and racquetball. Best of all, this convenient location is close to everything, including restaurants and shops on Cahuenga, nightlife, as well as major TV and film studios, Runyon Canyon, and the Hollywood Bowl, offering the perfect balance of city energy and tranquil hillside living.

Full Property Details for 1942 Grace Ave #118

General

  • Price: $695,000
  • Status: Active
  • Type: Condo
  • Source: CLAW
  • MLS ID: 26667565
  • Updated: 3/31/2026
  • Added to Site: 10 day(s) ago

Interior

  • Rooms/Areas: Patio Enclosed, Walk-In Closet, Dining Area
  • Eating Areas: Dining Area
  • Furnishings: Unfurnished
  • Flooring: Mixed

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Unit

Additional Information

  • Shared Amenities: Elevator, Exercise Room, Extra Storage, Assoc Pet Rules, Tennis Courts, Pool, Spa
  • Pool: Yes
  • Pool Description: Community
  • Spa: Yes
  • Spa Description: Association Spa
  • Security/Safety: Card/Code Access, Gated

Parking

  • Covered Spaces: 2
  • Garage Description: Community Garage, Assigned, Side By Side, Parking for Guests - Onsite

Location

  • Area: Sunset Strip - Hollywood Hills West
  • County: Los Angeles
  • Complex: The Premiere
  • Driving Directions: West of Cahuenga, North Of Franklin, East of Whitley

Community

  • Pet Restrictions: Yes

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Condominium
  • Common Walls: Attached
  • Entry Floor Number: 1
  • Stories/Levels: 0
  • Square Feet: 1,257
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1982
  • Year Built Source: Vendor Enhanced
  • Other Struct. Feat.: End Unit

Unit Information

  • Units in Complex: 32

Lot Features

  • Property View: Hills, City
  • Lot Size (Acres): 1.1595
  • Lot Size: 50507
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $552.9
  • Other Fee Freq.: Monthly
  • Assessment Year: 1982

Disclosures and Reports

  • Disclosures/Reports: Homeowners Association
  • APN: 5575-002-036

Listed by Compass, Sarah Jackson

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Listing agent

— 1942 Grace Ave #118 —

  • Sarah Jackson

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 1942 Grace Ave #118 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/25/2026
Listed
$695,000
5.46%
MLS
8/20/2021
Sold
$659,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1942 Grace Ave #118

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,657
4%
$699,334
4%
2023
$8,336
4%
$672,180
2%
2022
$7,978
54%
$659,000
55%
2021
$5,194
—
$424,684
1%
2020
$5,175
4%
$420,330
2%
2019
$4,972
1%
$412,089
2%
2018
$4,941
2%
$404,009
2%
2017
$4,834
3%
$396,089
2%
2016
$4,683
1%
$388,323
2%
2015
$4,614
—
$382,491
2%
2014
$4,634
61%
$375,000
68%
2013
$2,870
—
$222,705
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Compass, Sarah Jackson

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1942 Grace Ave #118, Los Angeles, CA 90068 (MLS# 26667565) is a Condo property with 2 bedrooms and 2 full bathrooms. 1942 Grace Ave #118 is currently listed for $695,000 and was received on March 25, 2026. Want to learn more about 1942 Grace Ave #118? Do you have questions about finding other Condo real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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