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

5162 1/2 Village, Los Angeles, California 90016 home-pic-0
ACTIVE$744,000
5162 1/2 Village, Los Angeles, California 90016
2Beds
1Bath
1,018Sqft
552,223Lot
Year Built
1942
Close
-
List price
$744K
Original List price
$745K
Price/Sqft
$731
HOA
$635
Days on market
-
Sold On
-
MLS number
24471799
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 2 Cons,3 Pros. Rank: price - $744.0K(85th), sqft - 1018(70th), beds - 2(50th), baths - 1(50th).

SELLER VERY MOTIVATED! SELLER TO HELP WITH CLOSING COSTS! Nestled in the historic and picturesque Village Green, a designated National Historic Landmark and Monument, this community benefits from significant property tax savings through the Mills Act. This unit seamlessly blends contemporary style with classic elegance with 2 bedrooms and a beautifully remodeled bathroom. The updated kitchen includes new cabinets, countertops, and appliances. Enjoy the warmth of gorgeous hardwood flooring, generous storage throughout, a private one-car garage, and outdoor living with a private enclosed patio, perfect for al fresco dining and relaxation. Additional highlights include central heating, 24-hour security, and additional parking conveniently close by. Located near the Baldwin Hills and Baldwin Vista Community, Village Green is a unique community known for its lush, grassy courtyards, over 1,500 trees, and meandering pathways. Centrally located to LAX, the 10 freeway, Beverly Hills, and a short transit ride to Santa Monica, this location gives you the best access to everything Los Angeles has to offer. Located near grocery stores, pharmacy, restaurants, coffee shops, Metro transit lines and other community amenities and businesses.

Nearby schools

6/10
Baldwin Hills Elementary School
Public,K-50.2mi
2/10
Audubon Middle School
Public,6-82.0mi
2/10
Susan Miller Dorsey Senior High School
Public,9-120.9mi

Price History

Date
Event
Price
05/30/25
Sold
$760,000
Condition Rating
Good

The property was built in 1942 but has an updated kitchen and a remodeled bathroom. The listing mentions new cabinets, countertops, and appliances in the kitchen, and the photos confirm this. The hardwood flooring and central heating are also positives. While not brand new, the updates bring it to a good condition, move-in ready state. The age of the building is the primary reason it isn't rated as 'Excellent'.
Pros & Cons

Pros

Historic Significance & Tax Savings: Located in the Village Green, a National Historic Landmark, offering significant property tax savings through the Mills Act.
Updated Interiors: Features a remodeled bathroom and an updated kitchen with new cabinets, countertops, and appliances, providing a modern living experience.
Prime Location & Accessibility: Centrally located near LAX, the 10 freeway, Beverly Hills, and Santa Monica, with easy access to grocery stores, restaurants, and public transportation.

Cons

Older Construction: Built in 1942, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Outdoor Space: While it has a private enclosed patio, the outdoor space might be considered limited compared to single-family homes.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state