
Los Angeles, California 90016
This property presents a High-Potential Investment Opportunity with a List Price of $439,999—positioned well above the $381,462 Fair Market Value by 15%. While the property requires a full interior rehab due to its Condition Rating of 5, it offers a rare chance to restore a residence within the historic Village Green enclave. Featuring a 961 sqft floor plan and serene greenbelt views, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on the architectural heritage of this landmark community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5292 Village Green Subject 1 bd · 1 ba · 961 sqft · $397 | $439,999* List Price | 1 | 1 | 961 | $397 | - |
A 5805 Bowcroft Street 4 Sold 2 bd · 1 ba · 900 sqft · $389 · 0.8 mi | $349,995 | 2 | 1 | 900 | $389 | 0.8 mi |
B 5314 Village Active 1 bd · 1 ba · 961 sqft · $467 · 0.1 mi | $449,000 List Price | 1 | 1 | 961 | $467 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942 and explicitly described as a 'blank canvas for restoration,' the property shows significant age with no evidence of recent updates. The kitchen features outdated cabinetry and appliances, and the flooring appears worn/stained, indicating a need for a full interior rehab.
Located in the prestigious Village Green, a National Historic Landmark, this property offers a unique living experience within a lush, park-like setting rarely found in urban Los Angeles.
At 961 square feet, this one-bedroom residence provides a significantly larger and more open floor plan than typical modern condominiums in this price range.
The unit features large windows that frame serene views of mature trees and rolling lawns, providing a peaceful, private atmosphere that seamlessly integrates indoor and outdoor living.
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 HOA fee of $882.26 is substantial for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Described as a 'blank canvas' for restoration, the property likely requires a significant additional investment to modernize the 1942 vintage interior and systems.
A rare opportunity to own in the historic Village Green community, one of Los Angeles' most treasured garden-city enclaves. This one-bedroom, one-bath residence retains its vintage character, offering a blank canvas for a sensitive restoration or a thoughtful update in keeping with the neighborhood's celebrated architectural heritage. Step inside to a light-filled, single-level floor plan with generous living space and classic mid-century details throughout. Windows frame a lovely view of the lush, rolling greenbelt — mature trees and open lawn — bringing the outdoors in and creating a remarkably peaceful, park-like setting just minutes from the city. Residents of Village Green enjoy beautifully maintained shared grounds, walking paths, and a strong sense of community, all within a designated historic district. Ideally located near shopping, dining, transit, and major employment centers.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 961 | 1,252.996 |
| Lot Size | 529,574 | 26,029.603 |
| Price | $440.0K | $778.5K |
| Price per sq ft | $458 | $629 |
| Built year | 1942 | 1981 |
| HOA | $882.26 | $676 |
| Days on market | 6 | 74 |
Nov 3, 2026
$439,999
Initial Listing