5314 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath
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5314 Village
Los Angeles, California 90016
ACTIVE
CONDITION: FAIR
1Beds
1Baths
961Sq Ft
557,395Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$437,011
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $449,000 Fair Market Value (market-aligned). While the home carries a Condition Rating of 4, it offers significant upside for those ready to complete the established compliance scope. Featuring west-facing sunset views and a private outdoor patio, this residence is a rare find in the historic Village Green. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage Mills Act tax savings.
Estimated Market Value
$437,011
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 |
|---|---|---|---|---|---|---|
★ 5314 Village Subject 1 bd · 1 ba · 961 sqft · $455 | $449,000* List Price | 1 | 1 | 961 | $455 | - |
A 5441 Village Sold 1 bd · 1 ba · 849 sqft · $588 · 0.1 mi | $499,000 | 1 | 1 | 849 | $588 | 0.1 mi |
B 5805 Bowcroft Street 4 Sold 2 bd · 1 ba · 900 sqft · $389 · 0.7 mi | $349,995 | 2 | 1 | 900 | $389 | 0.7 mi |
C 5773 Clemson Street Sold 2 bd · 1 ba · 771 sqft · $532 · 0.7 mi | $410,000 | 2 | 1 | 771 | $532 | 0.7 mi |
D 5827 Bowcroft Street 2 Sold 2 bd · 2 ba · 867 sqft · $565 · 0.7 mi | $490,000 | 2 | 2 | 867 | $565 | 0.7 mi |
E 3607 Kalsman Drive 6 Sold 2 bd · 2 ba · 900 sqft · $521 · 0.8 mi | $469,000 | 2 | 2 | 900 | $521 | 0.8 mi |
F 5165 Village Active 1 bd · 1 ba · 925 sqft · $486 · 0.2 mi | $450,000 List Price | 1 | 1 | 925 | $486 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1942, the property features beautiful hardwood floors and a recently updated kitchen, but it currently lacks appliances. The listing explicitly mentions an outstanding compliance scope that the buyer must complete, and the home utilizes older wall heating systems, indicating it needs minor repairs and finishing updates to be fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Tax Savings
As part of a National Historic Landmark, this property qualifies for the Mills Act, offering owners significant property tax reductions that enhance long-term affordability.
- Significant Value-Add Potential
Priced well below comparable units in Village Green, this residence provides a rare opportunity to build immediate equity by completing the established compliance scope and interior updates.
- Prime Park-Like Setting
This upper-level end unit features west-facing sunset views and sits within 68 acres of lush, secure grounds, offering a serene urban oasis near Culver City and the Expo Line.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =557395, other record lot size in square feet = 557238. Living area discrepancy between mls listing and other public or private record. mls listing living area = 961, other record living area = 849.
- Required Compliance Work
The property is sold with a known compliance scope that must be addressed by the buyer, requiring additional upfront capital and management of repairs.
- High Monthly Carrying Costs
The association fee of $887 per month is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some prospective buyers.
About 5314 Village
AN EXCEPTIONAL VALUE IN VILLAGE GREEN NOW OFFERED AT $449,000! Discover a rare opportunity to own a piece of Los Angeles history in Village Green, a National Historic Landmark celebrated for its distinctive architecture, expansive landscaped grounds, and peaceful, park-like setting. This charming one-bedroom residence offers an inviting retreat from the energy of the city, with comfortable living spaces, abundant natural light, and a sense of character increasingly difficult to find in Los Angeles. Thoughtfully presented to showcase its potential, the home is an appealing choice for buyers seeking distinctive surroundings and long-term value. Set across approximately 68 acres of beautifully maintained grounds, Village Green offers winding pathways, mature trees, sweeping lawns, and a wonderful sense of tranquility. Its central location places you within easy reach of Culver City, West Adams, Baldwin Hills, an eclectic mix of dining and shopping, and many of Los Angeles' cultural destinations. For buyers with vision, this residence provides the perfect canvas to add personal touches while addressing the remaining improvements needed to bring the property into compliance. Thoughtfully priced at $449,000 with these remaining improvements in mind, this home presents a compelling opportunity to enjoy the beauty, history, and lifestyle of Village Green at an exceptional value.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1942
- Lot Size
- 557,395 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $887.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Baldwin Hills Elementary School
Grades K-5 • 0.2 mi
6/10
Audubon Middle School
Grades 6-8 • 2.0 mi
2/10
Susan Miller Dorsey Senior High School
Grades 9-12 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 961 | 1,252.996 |
| Lot Size | 557,395 | 26,029.603 |
| Price | $449.0K | $778.5K |
| Price per sq ft | $467 | $629 |
| Built year | 1942 | 1981 |
| HOA | $887.0 | $676 |
| Days on market | 161 | 74 |
Pricing History
Listed for Sale
Sep 11, 2026
$449,000
$499,000
-10% Price Drop
Initial Listing
Price Change
Jun 1, 2026
$499,000
Initial Listing