5383 Village, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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Los Angeles, California 90016
This Turnkey Condominium is a Strong Value Opportunity, listed at $769,000—positioned well above the $750,999 Fair Market Value by 2%. While priced slightly above market, the property offers a unique lifestyle as a National Historic Landmark with Mills Act tax savings. Featuring a Mint Condition Rating, the unit includes a renovated kitchen, central AC, and green views of mature trees. This residence balances historic charm with modern convenience, making it an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready urban oasis.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5383 Village Subject | $769,000* List Price | 2 | 1 | 1,100 | $683 | - |
A 5508 Village Grn Sold | $850,000 | 2 | 2 | 1,136 | $748 | 0.1 mi |
B 5482 Village Sold | $800,000 | 2 | 2 | 1,136 | $704 | 0.7 mi |
C 5434 Village Green Sold | $673,675 | 1 | 1 | 745 | $904 | 0.1 mi |
D 2941 Redondo Boulevard Sold | $599,000 | 2 | 2 | 1,200 | $499 | 0.5 mi |
E 5273 Village Sold | $577,000 | 2 | 1 | 818 | $705 | 0.7 mi |
F 5516 Village Green Active | $585,000 List Price | 2 | 1 | 826 | $708 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1942, the property has undergone a high-quality renovation within the last 5 years, including the kitchen and bathroom. It features updated systems such as central AC, new lighting, and plantation shutters. The interior is in mint condition with well-maintained hardwood floors, requiring no immediate maintenance.
As a National Historic Landmark, the property benefits from the Mills Act, resulting in exceptionally low property taxes of approximately $1,001 per year, providing massive long-term savings.
Situated within 68 acres of lush parkland with over 1,500 mature trees and 24-hour security, offering a rare, serene urban oasis that is unique to the Los Angeles market.
The unit features a renovated kitchen and bathroom that blend vintage character with modern conveniences, including the rare and highly desirable addition of central AC.
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.
The monthly HOA fee of $828 is relatively high, which significantly increases the total monthly carrying cost and may impact buyer affordability.
The assigned middle and high schools have low ratings (2/10), which may limit the property's appeal to families prioritizing public education performance.
The only townhouse currently available in Village Green, and this one has it all! Stunning hardwood floors, tons of closet space, new lighting and plantation shutters, central AC, green views from every window, large enclosed patio, and a renovated kitchen and bathroom that combine cool vintage charm with modern convenience. And because Village Green is a national historic landmark, you will enjoy ridiculously low property taxes thanks to the Mills Act (current owners purchased the property 3 years ago and pay only $1,001/year!) Where else can you enjoy such low taxes yet live in a mid-century landmark set amidst 68 acres of parkland with over 1500 mature trees, miles of walking paths, and 24-hour security? All just minutes to the 10, Expo line, downtown Culver City, and the new Cumulus complex.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,100 | 1,243 |
| Lot Size | 557,395 | 24,016 |
| Price | $769.0K | $805.6K |
| Price per sq ft | $699 | $659 |
| Built year | 1942 | 1981 |
| HOA | $828.0 | $684 |
| Days on market | 27 | 71 |
Jun 25, 2026
$769,000
Initial Listing
Apr 21, 2023
$679,000
Public Record