5506 Village Green, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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Los Angeles, California 90016
This Historic Village Green Townhome is listed at $830,000, offering a rare opportunity to reside within a National Historic Landmark with a Fair Market Value of $773,981. Maintaining a Condition Rating of 4, the residence preserves its original parquet floors and features a private patio and primary balcony with lush treetop views. A major financial highlight is the Mills Act designation, which provides owners with significantly lower property taxes. Situated near Baldwin Hills Elementary, this sanctuary is a premier choice for Owner-Occupants or urban professionals seeking a tranquil, architecturally significant lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5506 Village Green Subject | $830,000* List Price | 2 | 1 | 1,161 | $667 | - |
A 5482 Village Sold | $800,000 | 2 | 2 | 1,136 | $704 | 0.8 mi |
B 5508 Village Grn Sold | $850,000 | 2 | 2 | 1,136 | $748 | - |
C 5162 Village Sold | $605,000 | 2 | 1 | 826 | $732 | 0.8 mi |
D 5222 Village Active Under Contract | $899,000 List Price | 3 | 2 | 1,583 | $568 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, this historic townhome is well-maintained but largely dated. The kitchen features older white appliances, cabinetry, and countertops that appear to be over 20 years old. While the original parquet floors are in good condition, the overall aesthetic and likely the underlying systems (HVAC/Electric) reflect a property that has not seen a major renovation in several decades, fitting the criteria for needing minor updates.
As a designated National Historic Landmark, this property qualifies for the Mills Act, providing owners with significantly reduced property taxes and substantial long-term financial savings.
Situated within 68 acres of lush, professionally landscaped grounds, the home offers a serene environment with treetop greenbelt views while remaining minutes from Culver City and major transit links.
The townhome features a rare combination of a private ground-level patio and a primary bedroom balcony, offering multiple secluded spaces to enjoy the tranquil surroundings.
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.
The monthly HOA fee of $1,078 is relatively high for a two-bedroom unit, which may impact the overall monthly carrying costs and buyer affordability.
With only one full bathroom serving two spacious bedrooms, the layout may be less convenient for families or those who frequently host guests.
This is a fabulous two-level, 2 bed, 1 bath, townhome with a private balcony off the primary bedroom located inside 1942 National Historic Landmark and Monument, Village Green, that offers significantly low property taxes due to the Mills Act. The ground level has tons of natural light and the original parquet floors throughout. The kitchen and dining room flows directly into your serene and private patio. Upstairs features two spacious bedrooms with plenty of storage along with a full bathroom and treetop views of the greenbelt. There is a private one car garage just steps from your entryway, community laundry, and plenty of guests parking nearby. Live inside 68 acres of lush grounds minutes from trendy Downtown Culver City, Marina Del Rey, Whole Foods, LAX airport, and 2 Expo link stations. Ready to show Mid April.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,161 | 961 | 74% |
| Lot Size | 588,937 | 529,574 | 74% |
| Price | $830.0K | $599.0K | 84% |
| Price per sq ft | $715 | $618 | 79% |
| Built year | 1945 | 1945 | 50% |
| HOA | $1078.0 | $740 | 95% |
| Days on market | 17 | 202 | 5% |
Apr 5, 2026
$830,000
Initial Listing