5314 1/2 Village, Los Angeles, CA 90016
List Price: $449K
Listing Status: Active
Original List Price: $499K
0Days on Market: 98
1 Bedroom · 1 Bathroom · 961 sq ft
Property Type: Residential
Year Built: 1942
Lot Size: 557,395 sq ft
Garage Spaces: 1
Private Pool: Yes
HOA Fee: $887/Monthly
MLS Number: 26840543
About This Property
NEW PRICE EXCEPTIONAL VILLAGE GREEN OPPORTUNITY. Offered at $449,000, this bright, upper-level end unit represents one of the most compelling values currently available in Village Green. For the buyer willing to complete the established compliance scope and add their own finishing touches, this is a rare opportunity to purchase well below the price point of many comparable Village Green residences and create meaningful long-term value.Ideally positioned within a charming garden court, the home enjoys beautiful west-facing light, sunset views, warm hardwood floors, abundant windows, a spacious layout, and a private outdoor patio. The residence offers a wonderful architectural canvas for a buyer looking to create something special while preserving the character that makes Village Green so unique.The path toward compliance has already been proactively explored, with an established scope providing buyers greater clarity about the work ahead. The sellers are motivated and have priced the property accordingly, creating an opportunity that deserves a fresh look.Village Green is a National Historic Landmark and one of Los Angeles' most architecturally significant communities. Designed in the early 1940s as part of the greenbelt movement, its 68 acres of mature trees, landscaped grounds, pedestrian pathways, and timeless architecture create a remarkable urban oasis in the heart of Los Angeles.Residents enjoy concerts on the Green, movie nights, community gatherings, 24-hour security patrol, ample guest parking, and the benefits of the Mills Act, which can provide significant property-tax savings for owners.Conveniently located near Culver City, the Expo Line, Whole Foods, Kenneth Hahn Park, the upcoming Costco development, and some of Los Angeles' best dining, arts, and creative centers.At $449,000, this is an opportunity to get into Village Green at an exceptional price point, complete the vision, and make it your own.