5418 1/2 Village, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath
5418 1/2 Village
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 5418 1/2 Village, Los Angeles, California 90016 is currently available with a list price of $595,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1945, this unit has been extensively updated, as confirmed by the description and images. The kitchen features granite countertops and modern stainless steel/black appliances, while the bathroom boasts subway tile, a modern vanity, and updated fixtures. Hardwood floors are present throughout the living areas and bedrooms, and the windows appear updated. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Mills Act Eligibility
Eligible for the Mills Act, offering significant long-term property tax savings, making ownership more attainable.
- Enhanced Privacy & Natural Light
As a top-floor, end-unit with only one shared wall, the residence provides superior privacy, abundant natural light, and a quieter living experience.
- Updated Interior & Desirable Features
The interior boasts hardwood floors and updated kitchen and bath, offering modern comfort within a classic setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =588937, other record lot size in square feet = 588770. Living area discrepancy between mls listing and other public or private record. mls listing living area = 961, other record living area = 849.
- High Monthly Association Fee
The monthly association fee of $873.57 is substantial and adds a significant recurring cost to ownership.
- Low-Rated Local Schools
Nearby middle and high schools have low ratings (2/10), which may be a concern for buyers with school-aged children.
About 5418 1/2 Village
Eligible for the Mills Act, this Village Green residence offers meaningful long-term property tax savings that can make ownership more attainable for first-time buyers. This top-floor, end-unit home has only one shared wall, creating extra privacy, better light, and a quieter living experience. The living room and primary bedroom enjoy open hillside and neighborhood views with palms, mature trees, open sky, and excellent cross-breezes that keep the space comfortable year-round. The approximately 961 sq ft interior features hardwood floors, an updated kitchen and bath, and a simple, efficient layout that lives comfortably. A private ground-level patio and a detached one-car garage with extra storage complete the offering, all within an iconic Mid-Century community known for its green space, security, and convenient access to Culver City, DTLA, LAX, and the Metro E Line.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1945
- Lot Size
- 588,937 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $873.57 / Month
Neighborhood Insights
Los Angeles Unified Schools
Baldwin Hills Elementary School
Grades K-5 • 0.1 mi
Audubon Middle School
Grades 6-8 • 2.1 mi
Susan Miller Dorsey Senior High School
Grades 9-12 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 961 | 882.5 | 75% |
| Lot Size | 588,937 | 361,060 | 81% |
| Price | $595.0K | $576.0K | 56% |
| Price per sq ft | $619 | $629 | 50% |
| Built year | 1945 | 1944 | 50% |
| HOA | $873.57 | $733 | 81% |
| Days on market | 55 | 238 | 13% |
Pricing History
Listed for Sale
Jan 10, 2026
$595,000
Initial Listing
Sold
Aug 9, 2024
$649,000
Public Record
Sold
Aug 8, 2008
$170,000
Public Record