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5179 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath

5179 Village, Los Angeles, California 90016 home-pic-0
ACTIVE$459,000
5179 Village, Los Angeles, California 90016
1Bed
1Bath
896Sqft
552,223Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Price & First-Time Buyer Appeal: A substantial price reduction from the original list price positions this as an excellent opportunity for first-time homebuyers to enter the Los Angeles market.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-30. The sold price is $760,000.00.

Compared to the nearby listings

Price:$459.0K vs avg $557.0K ($-98,000)15%
Size:896 sqft vs avg 898 sqft50%
Price/sqft:$512 vs avg $61910%

More Insights

Built in 1942 (83 years old).
Condition: Built in 1942, this property is explicitly sold 'as-is' and requires 'significant imagination and investment for modernization and upgrades.' The kitchen features dated wood cabinets, older white appliances, and an outdated countertop style, suggesting a renovation from 30-40+ years ago. While laminate flooring appears to be a more recent cosmetic update, the core fixed elements, especially the kitchen and likely the unseen bathroom, are very old and necessitate substantial rehabilitation to meet current standards. The overall condition points to a property that is functional but very uncomfortable and unappealing without major work.
Year Built
1942
Close
-
List price
$459K
Original List price
$595K
Price/Sqft
$512
HOA
$747
Days on market
-
Sold On
-
MLS number
25476499
Home ConditionPoor
Features
Good View: City Lights, Trees/Woods
ViewCity Lights,Trees/Woods

About this home

REDUCED! Excellent opportunity for first time home buyer. The subject property consists of a spacious ground floor one bedroom one bathroom condominium that beckons those with superior imagination to transform this serene location into a palatial residential retreat. The 627 units within the Village Green complex offers residents a tranquil oasis, a voluminous green environment with numerous trees, walking paths, and a breathtaking respite from the urban hustle and bustle. This National Historic Landmark community is in the prestigious Baldwin Vista neighborhood. The property has an assigned one car parking garage within steps of the condominium unit. Hurry, run do not walk, to possess this unique opportunity to achieve the American Dream! The property is sold in its current present condition. Upon an accepted offer, Buyer shall have the right to inspect the property at Buyer's expense and rely solely on Buyer's inspections and investigations. Property is sold for All Cash, Cash to New Loan or terms and conditions acceptable to the Seller. Seller shall select all services, including escrow and title services. Please contact listing agents for more information.

Nearby schools

6/10
Baldwin Hills Elementary School
Public,•K-5•0.2mi
2/10
Audubon Middle School
Public,•6-8•2.0mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
05/30/25
Sold
$760,000
Condition Rating
Poor
Built in 1942, this property is explicitly sold 'as-is' and requires 'significant imagination and investment for modernization and upgrades.' The kitchen features dated wood cabinets, older white appliances, and an outdated countertop style, suggesting a renovation from 30-40+ years ago. While laminate flooring appears to be a more recent cosmetic update, the core fixed elements, especially the kitchen and likely the unseen bathroom, are very old and necessitate substantial rehabilitation to meet current standards. The overall condition points to a property that is functional but very uncomfortable and unappealing without major work.
Pros & Cons

Pros

Price & First-Time Buyer Appeal: A substantial price reduction from the original list price positions this as an excellent opportunity for first-time homebuyers to enter the Los Angeles market.
Prestigious & Historic Community: Located in the desirable Baldwin Vista neighborhood within a National Historic Landmark community, offering unique character and potential long-term value.
Abundant Green Space & Tranquil Environment: The Village Green complex provides a serene, park-like setting with extensive green areas, mature trees, and walking paths, a rare amenity in urban Los Angeles.
Dedicated Parking: Includes an assigned one-car parking garage conveniently located within steps of the unit, a significant advantage in a dense urban environment.
Generous 1-Bedroom Layout: At 896 sqft, the condominium offers a spacious footprint for a one-bedroom unit, providing comfortable living space.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-30. The sold price is $760,000.00.
As-Is Condition & Renovation Required: The property is sold in its current 'as-is' condition, indicating it likely requires significant imagination and investment for modernization and upgrades.
Restrictive Transaction Terms: Seller dictates financing terms (All Cash, Cash to New Loan) and selects all escrow and title services, limiting buyer flexibility and choice in the transaction.
High Association Fees & Age of Building: A monthly association fee of $747 is substantial for a one-bedroom unit, especially in a 1942-built complex, which may imply higher ongoing costs or future assessments.

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