5165 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath

5165 Village
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 5165 Village, Los Angeles, California 90016 is currently available with a list price of $550,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with several modern updates including stainless steel kitchen appliances, new light fixtures, and ceiling fans. The interior features well-maintained hardwood flooring and clean paint throughout. While the bathroom retains its original historic tile and layout, the overall unit is well-preserved with no immediate signs of deferred maintenance, fitting the criteria for a well-maintained older home with functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Benefits
As a National Historic Landmark with Mills Act status, this property offers significant property tax savings, providing a substantial financial advantage for the homeowner.
- Expansive Park-Like Setting
The unit is situated within 68 acres of lush, professionally landscaped gardens and mature trees, offering a rare and tranquil urban oasis that is unique to the Los Angeles market.
- Spacious Interior & Outdoor Living
Boasting 925 square feet, this one-bedroom unit is exceptionally large and includes a private patio and a detached garage, offering a level of space and privacy typically found in single-family homes.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $890.94 is relatively high for a one-bedroom condominium, which may affect the debt-to-income ratio for potential buyers.
- Lack of In-Unit Laundry
The property relies on a shared on-site laundry facility rather than having in-unit hookups, which may be a convenience drawback for some modern buyers.
About 5165 Village
Beautiful and historic, this spacious 925 sqft 1 bedroom unit is surrounded by lush greenery. The living room and bedroom have an amazing view of the East Green. The kitchen has ample counter space and cabinet storage and includes stainless steel appliances. The spacious bedroom includes mirrored closets, and the bathroom has separate tub and shower. The dinning area leads to an open private patio, which is the perfect spot for outdoor entertaining and lounging. Upgrades throughout the unit include new light fixtures, ceiling fans and doorknobs. The detached private one-car garage as well as the on-site laundry room is located just steps from the unit. Situated on 68 acres of lush gardens, putting greenspace, sprawling lawns, mature trees, and interconnecting walkways, Village Green is an historic community of residential condominiums. Designated as a National Historic Landmark in 2001 and observing Mills Act status, this offering represents a very rare opportunity to live in a unique haven in the center of the city. Located a few blocks from the La Brea Station near Exposition and Jefferson and in close proximity to Target, Starbucks, and Whole Foods. Convenient to the La Cienega Metro station, connecting DTLA to Santa Monica.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1942
- Lot Size
- 552,066 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $890.94 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 925 | 882.5 | 69% |
| Lot Size | 552,066 | 361,060 | 69% |
| Price | $550.0K | $562.5K | 50% |
| Price per sq ft | $595 | $629 | 44% |
| Built year | 1942 | 1942 | 50% |
| HOA | $890.94 | $733 | 88% |
| Days on market | 8 | 238 | 6% |
Pricing History
Listed for Sale
Feb 26, 2026
$550,000
Initial Listing















