5528 Village Green, Los Angeles, California 90016, Los Angeles, 90016 - 1 bed, 1 bath
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Los Angeles, California 90016
This Historic Landmark Cottage in the prestigious Village Green community is listed at $649,900, reflecting its Mills Act-qualified status and Condition Rating of 3. While positioned above the $555,267 Fair Market Value, the property offers a unique financial advantage through substantial property tax reductions and modernized infrastructure, including copper piping and central heating. Residents enjoy a serene lifestyle with a parklike patio and immediate proximity to the highly-rated Baldwin Hills Elementary. This move-in-ready sanctuary is an exceptional choice for first-time buyers or Owner-Occupants seeking architectural pedigree.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5528 Village Green Subject | $649,900* List Price | 1 | 1 | 745 | $745 | - |
A 5273 Village Sold | $577,000 | 2 | 1 | 818 | $705 | 0.8 mi |
B 5233 Village Sold | $715,000 | 1 | 1 | 729 | $981 | 0.8 mi |
C 5162 Village Sold | $605,000 | 2 | 1 | 826 | $732 | 0.8 mi |
D 5432 Village Sold | $525,000 | 1 | 1 | 849 | $618 | 0.8 mi |
E 5255 Village Sold | $620,000 | 1 | 1 | 925 | $670 | 0.8 mi |
F 5464 Village Green Active | $637,500 List Price | 2 | 1 | 818 | $779 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1942 historic cottage is move-in ready and has been well-maintained with significant system updates including copper piping and central heating. The kitchen and bathroom blend classic era tiling with modern fixtures and appliances, and the interior features updated flooring and fresh paint. While it retains its vintage charm rather than a full contemporary overhaul, the property shows minimal wear and tear and meets the criteria for a well-maintained, updated home.
As a Mills Act-qualified property, this home offers substantial property tax reductions, providing a rare and valuable financial incentive for homeowners in Los Angeles.
Located in the prestigious Village Green, residents enjoy a unique 'garden city' lifestyle with access to expansive green belts, mature trees, and a serene, park-like atmosphere that is a National Historic Landmark.
The property blends 1940s charm with essential modern updates, including copper piping, central heating, and in-unit laundry, ensuring a move-in-ready experience with improved reliability.
The monthly HOA fee of $852 is relatively high for a one-bedroom unit, which may impact the overall monthly budget and affordability for some prospective buyers.
At 745 square feet with a single-bedroom layout, the property offers limited flexibility for those requiring a dedicated home office or additional space for guests.
Discover this highly sought-after 1-bedroom, 1-bath single-story cottage in the Historic Landmark community of Village Green in Los Angeles, a Mills Act-qualified property with the benefits of substantial property tax reduction. Enter the bright living room with a cozy fireplace, which sets the tone for comfort and charm, and the dining area offers peaceful views of trees, flowers, and visiting birds—perfect for enjoying your favorite beverage. The spacious bedroom features his-and-her closets and room for multiple furnishings, while the full bath has been carefully maintained with classic era materials, along with modern updates. Tastefully updated for modern living, the home includes an in-unit washer/dryer, disposal, dishwasher, central heating, and copper piping. A generous kitchen offering ample counter space and functional cabinetry ready for your gourmet recipes. Entertain or unwind on the large, parklike patio under the shade of mature trees alongside hummingbirds and butterflies, and enjoy the convenience of a one-car garage just steps away, plus optional permit parking passes if needed. Residents also enjoy access to the community clubhouse and expansive green fields for recreation, all just minutes from Whole Foods, Target, Baldwin Hills Scenic Overlook, Culver City, and Kenneth Hahn State Park—welcome home.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 32% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 745 | 925 | 11% |
| Lot Size | 443,008 | 443,008 | 50% |
| Price | $649.9K | $599.0K | 63% |
| Price per sq ft | $872 | $618 | 89% |
| Built year | 1942 | 1942 | 50% |
| HOA | $852.0 | $740 | 74% |
| Days on market | 0 | 202 | 5% |
Apr 18, 2026
$649,900
Initial Listing
Dec 22, 2003
$205,000
Public Record