5587 1/2 Village
Los Angeles, CA, 90016
$695,000
MLS: 26663009
Beds
1
Baths
1
Sq Ft
1,018
Lot
10.17 ac
Year Built
1942
MLS #
26663009
Days on Market
39
Listed
Mar 12, 2026
Description
Located within the iconic Village Green, this beautifully situated corner townhome offers the rare opportunity to live in one of Los Angeles' most celebrated residential communities. Designed in 1942 by renowned architect Reginald D. Johnson, Village Green spans 68 acres of lush gardens, mature trees, and meandering pathwaysan urban oasis designated as a National Historic Landmark. Privately positioned with sweeping views of the greenbelt and towering trees, this light-filled residence blends timeless character with thoughtful updates. Hardwood floors run throughout, while the remodeled kitchen features granite countertops, a charming breakfast bar with treetop views, updated appliances, and a stylish retro Summit Appliance range that perfectly complements the home's vintage character. Upon entry, a quaint foyer leads upstairs to the main living level where generous living and dining spaces overlook serene park-like grounds. Just off the living room, a private enclosed balcony creates the perfect indoor-outdoor retreat for morning coffee or sunset views beneath the trees. The spacious primary bedroom enjoys peaceful greenbelt views, dual closets, and a striking treescape accent mural that beautifully mirrors the natural landscape outside. A charming vintage-style full bath preserves the home's original character while offering everyday functionality. A gated entry patio adds another layer of privacy and outdoor charm creating a welcoming space that sets the tone for this special home. Additional highlights include abundant storage throughout, a tankless water heater, and a private one-car garage. All furniture and furnishing are available. Village Green residents enjoy a vibrant and close-knit community lifestyle with 24-hour security patrol, on-site management, ample guest parking, common park grounds and beloved neighborhood traditions including outdoor concerts, movie nights, and community potlucks on the green. As part of the National Historic Registry, the property also benefits from significant property tax savings through the Mills Act. Ideally located near the Expo Line, and just minutes from the restaurants, shops, and nightlife of Culver City and the vibrant dining scene in West Adams, this is a rare opportunity to experience the perfect blend of architectural history, natural beauty, and city convenience. If you've never visited Village Green before, prepare to be captivated as few places in Los Angeles offer this level of tranquility, community, and timeless design.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Erica Lockhart · Compass
Payment estimate
$5,128
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,500 · Loan: $625,500
- Principal & Interest
- $3,843
- Property tax (1.25%)
- $724
- Homeowners insurance
- $300
- Mortgage insurance
- $261
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $24,325 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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