ActiveTownhouse

5016 Cascade Court

Los Angeles, CA, 90230

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$1,199,000

MLS: PTP2604631

Beds

4

Baths

3

Sq Ft

1,735

Lot

0.04 ac

Year Built

1973

MLS #

PTP2604631

Days on Market

3

Listed

Jun 17, 2026

Description

Raintree Townhomes | Culver City Tucked within one of Culver City's most sought-after gated communities, this stunning tri-level townhome offers the rare combination of resort-style living and single-family privacy. Raintree Townhomes is a guard-attended enclave celebrated for its private lake, lush landscaping, and tranquil walking paths — a true retreat from the everyday. Thoughtfully renovated from top to bottom, this light-filled residence welcomes you with soaring skylights, new luxury vinyl flooring, and a warm fireplace anchoring the main living area. The heart of the home is an bright reimagined kitchen featuring new cabinetry, stone counters, a spacious breakfast nook, and seamless flow to the generous balcony — an ideal setting for al fresco dining, morning coffee, or weekend grilling. A formal dining area rounds out the main level, alongside a full main level bathroom. The kitchen and bathrooms have been tastefully updated with new vanities, designer fixtures, refined finishes, and curated lighting. The top floor is bathed in natural light beneath soaring ceilings and features three generously sized bedrooms and two beautifully appointed full bathrooms. Additional highlights include a private two-car garage with direct interior access, a Tesla EV charger, ample storage, and a washer and dryer conveniently located within the garage level. Community amenities are exceptional: scenic walking trails, streams, a private lake, tennis courts, a pool, a clubhouse, and recreation areas with billiards and ping pong. The HOA covers internet, basic cable, earthquake insurance, and common area maintenance. No rental restrictions — minimum 30-day lease term. A truly turnkey opportunity in one of Culver City's most coveted communities.

Location

Los Angeles, Los Angeles County, CA 90230

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Listed by: Erika Taylor · Hometown REALTORS, Padilla

Payment estimate

$9,648

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $119,900 · Loan: $1,079,100

%

Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$6,799
Property tax (1.25%)
$1,249
Homeowners insurance
$300
Mortgage insurance
$450
HOA dues
$850
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 18, 2026

30-year fixed
6.47%
15-year fixed
5.81%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $41,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Culver City, CA 90230 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.