5148 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath
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5148 Village
Los Angeles, California 90016
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
896Sq Ft
552,223Lot Size
Property Price
LIST PRICE$498,999
EST. MARKET VALUE
$489,546
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $498,999—positioned slightly above the $489,546 Fair Market Value. Located in the historic Village Green, this unit features a newly renovated kitchen, tankless water heater, and a private patio. While the HOA fee is significant, the property offers Mills Act tax savings and a serene, landmark setting. With a Condition Rating of 2, this home provides a turnkey lifestyle for first-time buyers or owner-occupants seeking a peaceful, historic residence in Los Angeles.
Estimated Market Value
$489,546
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 |
|---|---|---|---|---|---|---|
★ 5148 Village Subject 1 bd · 1 ba · 896 sqft · $546 | $498,999* List Price | 1 | 1 | 896 | $546 | - |
A 5327 Village Sold 1 bd · 1 ba · 896 sqft · $625 · 0.2 mi | $560,000 | 1 | 1 | 896 | $625 | 0.2 mi |
B 3610 Kalsman Dr 2 Sold 2 bd · 2 ba · 900 sqft · $541 · 0.9 mi | $487,000 | 2 | 2 | 900 | $541 | 0.9 mi |
C 5823 Bowcroft Street #4 Sold 2 bd · 2 ba · 910 sqft · $548 · 0.9 mi | $499,000 | 2 | 2 | 910 | $548 | 0.9 mi |
D 5441 Village Sold 1 bd · 1 ba · 849 sqft · $588 · 0.3 mi | $499,000 | 1 | 1 | 849 | $588 | 0.3 mi |
E 3604 Kalsman Drive 2 Sold 2 bd · 2 ba · 871 sqft · $534 · 0.9 mi | $465,000 | 2 | 2 | 871 | $534 | 0.9 mi |
F 2935 Redondo Boulevard Sold 2 bd · 2 ba · 880 sqft · $545 · 0.4 mi | $480,000 | 2 | 2 | 880 | $545 | 0.4 mi |
G 3607 Kalsman Drive 6 Sold 2 bd · 2 ba · 900 sqft · $521 · 1.0 mi | $469,000 | 2 | 2 | 900 | $521 | 1.0 mi |
H 5328 1/2 Village Active 1 bd · 1 ba · 919 sqft · $588 · 0.2 mi | $540,000 List Price | 1 | 1 | 919 | $588 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While built in 1942, the property has undergone a recent comprehensive renovation (less than 5 years) including a brand new kitchen, new appliances, and a modernized bathroom. The addition of a tankless water heater indicates updated systems, and the unit is described as 100% move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Savings
The property qualifies for the Mills Act, providing significant property tax savings for owners of this historic landmark residence.
- Modernized & Move-In Ready
The unit features a newly updated kitchen, modern appliances, and a tankless water heater, ensuring a turnkey experience for the buyer.
- Serene Landmark Setting
Located in the Historic Village Green, the unit is surrounded by lush landscaping and expansive greenbelts, offering a quiet, park-like atmosphere.
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 Association Fees
The monthly HOA fee of $890 is substantial for a one-bedroom unit and may impact the overall affordability for some purchasers.
- Low School Ratings
The assigned middle and high schools have low ratings (2/10), which could be a drawback for certain buyers and impact long-term resale value.
About 5148 Village
OPEN SUNDAY 11/7/26, 2-4PM. I am pleased to present a large 1 Bedroom unit located within the Historic Village Green Complex. Surrounded by a beautiful greenbelt and lush landscaping, this unit offers a unique opportunity for quiet, serene living. Recently updated and 100% move in ready just waiting for your personal touch to make it your very own.. Key features include: New Kitchen and Appliances, Tankless Water Heater, Private patio, Garage with Auto Opener, Significant property tax savings through the Mills Act, Prime location with dual access from Coliseum. Seller wants it sold now and will assist with buyer's closing cost. Easy to show.
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
- $890.0 / 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 | 896 | 1,252.996 |
| Lot Size | 552,223 | 26,029.603 |
| Price | $499.0K | $778.5K |
| Price per sq ft | $557 | $629 |
| Built year | 1942 | 1981 |
| HOA | $890.0 | $676 |
| Days on market | 15 | 74 |
Pricing History
Listed for Sale
Oct 25, 2026
$498,999
Initial Listing
Sold
Oct 10, 2014
$200,000
Public Record