5112 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath
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5112 Village
Los Angeles, California 90016
ACTIVE
CONDITION: GOOD
1Beds
1Baths
729Sq Ft
552,223Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$657,349
6% AboveMARKET VALUE
SUMMARY
This Historic Mid-Century Cottage represents a Strong Value Opportunity, listed at $699,000—positioned well above the $657,349 Fair Market Value. While priced at a premium, the property offers unique Mills Act tax benefits and a Condition Rating of 3, featuring updated kitchen and bath facilities. Residents enjoy a private patio and scenic tree views within a secure, landmark community. Given the high association fees and local school ratings, this is a lifestyle-focused acquisition ideal for Owner-Occupants or historic preservation enthusiasts seeking a turnkey oasis.
Estimated Market Value
$657,349
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5112 Village Subject 1 bd · 1 ba · 729 sqft · $902 | $699,000* List Price | 1 | 1 | 729 | $902 | - |
A 5464 Village Green Sold 2 bd · 1 ba · 818 sqft · $795 · 0.3 mi | $650,000 | 2 | 1 | 818 | $795 | 0.3 mi |
B 5434 Village Green Sold 1 bd · 1 ba · 745 sqft · $904 · 0.3 mi | $673,675 | 1 | 1 | 745 | $904 | 0.3 mi |
C 5333 Village Green Active 1 bd · 1 ba · 745 sqft · $919 · 0.2 mi | $685,000 List Price | 1 | 1 | 745 | $919 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1942, the property is well-maintained and move-in ready. The kitchen and bathroom feature updates (stone countertops, newer vanity) that appear to be in the 10-20 year age range. Parquet floors and interior finishes are in functional condition, though appliances and tile work are slightly dated.
PROSSTRENGTHS & OPPORTUNITIES
- Financial Incentives
As a National Historic Landmark, the property qualifies for Mills Act tax benefits, offering owners significant annual property tax savings.
- Historic Charm & Modernization
This mid-century cottage features original parquet wood floors and a cozy fireplace while offering updated kitchen and bathroom facilities that preserve its historic character.
- Indoor-Outdoor Living
The unit boasts a large private patio and expansive views of mature trees from every window, providing a rare, lush oasis within a central Los Angeles location.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =552223, other record lot size in square feet = 552067.
- High Carrying Costs
The monthly association fee of $850 is relatively high for a one-bedroom unit, which may impact overall affordability and the buyer's debt-to-income ratio.
- Local School Ratings
The assigned middle and high schools carry low ratings (2/10), which could be a drawback for buyers concerned with educational quality or long-term resale value.
About 5112 Village
Come to the cottage! A stunning, historic, mid-century cottage with views of changing leaves from every window. A cozy fireplace and parquet wood floors lead you to true indoor-outdoor living with a huge private patio lined with white roses and bistro lights. The bedroom is extremely spacious with large windows that show off the vast views of the mature trees and the beautiful green landscape. The kitchen and bathroom are updated while still retaining much of the historic charm. This bungalow also has its own private 1 car automatic garage with ample storage. The Village Green is an iconic Garden City built in the 1940's. It is a National Historic Landmark with Mills Act property tax benefits for its owners, 24 security, and an onsite maintenance crew. An oasis tucked into the neighborhoods of beautiful Baldwin Hills. Centrally located to all of Los Angeles, walking distance to the metro, and minutes from downtown Culver City. Photos are from a few years ago and do not reflect the current furniture.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1942
- Lot Size
- 552,223 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $850.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Baldwin Hills Elementary School
Grades K-5 • 0.4 mi
6/10
Audubon Middle School
Grades 6-8 • 1.8 mi
2/10
Susan Miller Dorsey Senior High School
Grades 9-12 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 729 | 1,252.996 |
| Lot Size | 552,223 | 26,029.603 |
| Price | $699.0K | $778.5K |
| Price per sq ft | $959 | $629 |
| Built year | 1942 | 1981 |
| HOA | $850.0 | $676 |
| Days on market | 25 | 74 |
Pricing History
Listed for Sale
Oct 15, 2026
$699,000
Initial Listing
Sold
Jan 5, 2023
$700,000
Public Record
Sold
Nov 14, 2000
$120,000
Public Record