5226 Village Green, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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5226 Village Green
Los Angeles, California 90016
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
818Sq Ft
529,574Lot Size
Property Price
LIST PRICE$685,000
EST. MARKET VALUE
$736,019
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $685,000—positioned well below the $736,019 Fair Market Value by 6%. This valuation gap offers $51,019 in Instant Equity for the buyer. Featuring a remodeled kitchen, new parquet floors, and a private fenced patio, the home maintains an Excellent Condition Rating. Located in the historic Village Green, residents benefit from Mills Act tax savings and lush park-like grounds. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a serene, move-in ready urban oasis.
Estimated Market Value
$736,019+$51,019 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5226 Village Green Subject | $685,000* List Price | 2 | 1 | 818 | $900 | - |
A 5441 Village Sold | $499,000 | 1 | 1 | 849 | $588 | 0.2 mi |
B 5434 Village Green Sold | $673,675 | 1 | 1 | 745 | $904 | 0.2 mi |
C 5233 Village Sold | $715,000 | 1 | 1 | 729 | $981 | 0.6 mi |
D 5508 Village Grn Sold | $850,000 | 2 | 2 | 1,136 | $748 | 0.2 mi |
E 5482 Village Sold | $800,000 | 2 | 2 | 1,136 | $704 | 0.6 mi |
F 5516 Village Green Active | $585,000 List Price | 2 | 1 | 826 | $708 | 0.3 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.
This property is in turnkey condition following a comprehensive modern remodel. It features a fully updated kitchen with quartz countertops, new parquet flooring, and upgraded electrical systems, qualifying it as a high-end renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Savings
The property is located in the historic Village Green, qualifying for the Mills Act which offers significant property tax savings for owners of designated historic landmarks.
- Modernized Turnkey Interior
This ground-floor unit features a fully remodeled kitchen with Quartz countertops, new parquet floors, and upgraded electrical and insulation, offering a move-in ready experience.
- Expansive Park-Like Setting
Set within a 68-acre landmark community, the home provides a rare urban oasis with vast green spaces, 24/7 security, and a private fenced patio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Association Fees
The monthly HOA fee of $883 is relatively high for an 818-square-foot unit, which may impact the overall affordability and debt-to-income ratio for buyers.
- Low School Ratings
The local middle and high schools are rated 2/10, which may be a deterrent for families prioritizing public education and could affect long-term resale value.
About 5226 Village Green
Mid-century charm meets modern luxury in the historic Village Green, a lush 68-acre landmark community offering significant property tax savings via the Mills Act. This ground-floor 2-bedroom home features new parquet floors, a cozy fireplace, and a fully remodeled kitchen with Quartz countertops and smart storage. The unit is turnkey, boasting upgraded electrical, new insulation, and fresh paint throughout. Step outside to your private fenced patio or wander the expansive, tree-filled grounds just by opening your front door. Enjoy the convenience of a private garage, 24/7 security, and on-site management, all just minutes from Culver City and Whole Foods. This is a rare opportunity to own a serene urban oasis in the heart of Los Angeles.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1942
- Lot Size
- 529,574 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $883.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Baldwin Hills Elementary School
Grades K-5 • 0.3 mi
6/10
Audubon Middle School
Grades 6-8 • 1.9 mi
2/10
Susan Miller Dorsey Senior High School
Grades 9-12 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 818 | 1,219.385 |
| Lot Size | 529,574 | 27,236.074 |
| Price | $685.0K | $800.2K |
| Price per sq ft | $837 | $650 |
| Built year | 1942 | 1979 |
| HOA | $883.0 | $685 |
| Days on market | 27 | 72 |
Pricing History
Listed for Sale
Aug 13, 2026
$685,000
Initial Listing
Sold
Aug 16, 2019
$590,000
Public Record
Sold
Oct 30, 2017
$440,000
Public Record
Sold
Nov 25, 2014
$305,000
Public Record