5162 1/2 Village Green, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath

5162 1/2 Village Green, Los Angeles, California 90016 home-pic-0
ACTIVE$719,000
5162 1/2 Village Green, Los Angeles, California 90016
2Beds
1Bath
1,018Sqft
552,223Lot
Year Built
1942
Close
-
List price
$719K
Original List price
$719K
Price/Sqft
$706
HOA
$635
Days on market
-
Sold On
-
MLS number
25523189
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $719.0K(80th), sqft - 1018(70th), beds - 2(50th), baths - 1(50th).

PRICE IMPROVEMENT! SELLER VERY MOTIVATED! Seller is offering a special interest rate incentive! Lock in a 5.99% fixed rate for 30 years when you finance through the preferred lender using a conforming loan (Freddie Mac or Fannie Mae). Credit restrictions may apply. Introducing one of the largest (per square foot) condos available now with NEW WASHER + DRYER! This beautifully remodeled top-floor 2-bedroom, 1-bath condo + al fresco patio is ideal for first-time buyers looking for comfort, style, and convenience in the heart of the city. You'll enter a bright, airy space featuring gorgeous hardwood floors, a stylishly updated eat-in kitchen with new countertops, and brand new stainless steel appliances. The remodeled bathroom offers a fresh, modern touch, while the private garage and ample storage add everyday ease. Village Green is a National Historic Landmark praised by the Museum of Modern Art and offers lush park-like grounds spanning 68 acres, with scenic walking paths, over 1,500 mature trees, 24/7 security, and a strong sense of community with movie nights, jazz concerts, and seasonal events. By taking advantage of LOWER property taxes thanks to the Mills Act homeownership becomes even more affordable. Live minutes from the 10 Freeway, Expo Line, downtown Culver City, and the vibrant new Cumulus District, giving you easy access to everything LA has to offer.

Nearby schools

6/10
Baldwin Hills Elementary School
Public,K-50.4mi
2/10
Audubon Middle School
Public,6-81.8mi
2/10
Susan Miller Dorsey Senior High School
Public,9-120.7mi

Price History

Date
Event
Price
09/09/24
Sold
$510,000
09/09/24
Sold
$470,000
Condition Rating
Good

The property was built in 1942 but has been remodeled. The kitchen features new countertops and stainless steel appliances. The bathroom has also been remodeled. The hardwood floors appear to be in good condition. While not brand new, the updates bring it to a good, move-in ready condition.
Pros & Cons

Pros

Price Improvement & Incentive: Significant price reduction and a special 5.99% fixed interest rate incentive through the preferred lender make this property more attractive to buyers.
Remodeled & Updated: The condo features a remodeled kitchen with new countertops and stainless steel appliances, plus a remodeled bathroom, offering a modern living experience.
Spacious Layout: One of the largest condos available in the area, providing ample living space for a comfortable lifestyle.
Prime Location & Accessibility: Located minutes from the 10 Freeway, Expo Line, downtown Culver City, and the Cumulus District, offering convenient access to various amenities and attractions.
Historic Landmark Community: Village Green is a National Historic Landmark with 68 acres of park-like grounds, 24/7 security, and a strong sense of community with various events.

Cons

Association Fees: The monthly association fee of $635 is relatively high, which could deter some buyers.
Limited Bathrooms: Only one bathroom for a two-bedroom condo might be a drawback for some buyers, especially families or those who frequently host guests.
Older Building (1942): While historic, the age of the building (1942) may present potential maintenance or renovation concerns in the future.

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