5222 Village, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This Spacious Historic Condominium is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $1,005,097 Fair Market Value by 10%. This valuation gap offers $106,097 in Instant Equity for buyers. Boasting a Condition Rating of 4, the 1,583-square-foot interior provides a rare 3-bedroom layout within the 68-acre Village Green National Historic Landmark. With serene Park and Greenbelt views, the property invites cosmetic updates to unlock its full aesthetic potential. This is an exceptional find for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5222 Village Subject | $899,000* List Price | 3 | 2 | 1,583 | $635 | - |
A 5482 Village Sold | $800,000 | 2 | 2 | 1,136 | $704 | 0.6 mi |
B 5150 1/2 Village Grn Active | $725,000 List Price | 1 | 1 | 1,012 | $716 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1942, this property is part of a historic community that appears well-maintained externally; however, the age of the structure and the presence of older window styles suggest the interior systems and finishes may be dated. Without evidence of a recent full renovation, the property likely requires minor updates to the kitchen and bathrooms to meet modern standards.
Situated within a lush, low-density community, the property offers a peaceful retreat with mature trees and landscaped pathways, providing a rare garden-court atmosphere in the heart of Los Angeles.
Boasting 1,583 square feet with three bedrooms and two bathrooms, this unit offers a spacious and functional layout that is highly competitive for the area's price point.
The home is thoughtfully oriented toward open green spaces and landmarks rather than busy streets, ensuring privacy and pleasant views of the surrounding woods and parkland.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =529574, other record lot size in square feet = 529424.
The monthly association fee of $1,700 is substantial, which significantly increases the total monthly carrying cost and may deter budget-conscious buyers.
While the elementary school is well-rated, the assigned middle and high schools currently hold low ratings, which could be a drawback for families prioritizing long-term educational performance.
This 3 bed 2 bath unit is ideally positioned within a lush, park-like setting, surrounded by mature trees, landscaped pathways, and tranquil garden courts. The community is known for its low-density planning, with homes thoughtfully oriented toward open green spaces rather than busy streets—creating a peaceful, retreat-like atmosphere in the heart of Los Angeles.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,583 | 961 | 89% |
| Lot Size | 529,574 | 529,574 | 50% |
| Price | $899.0K | $599.0K | 89% |
| Price per sq ft | $568 | $589 | 47% |
| Built year | 1942 | 1942 | 50% |
| HOA | $1700.0 | $740 | 95% |
| Days on market | 22 | 203 | 5% |
Apr 1, 2026
$899,000
Initial Listing
Mar 18, 1994
$180,000
Public Record