5589 1/2 Village
Los Angeles, CA, 90016
$615,000
MLS: 26868041
Beds
1
Baths
1
Sq Ft
1,012
Lot
10.17 ac
Year Built
1942
MLS #
26868041
Days on Market
5
Listed
Aug 7, 2026
Description
A quiet, light-filled upper residence in coveted Court 10, with sweeping interior-green views, two balconies, a private gated patio, and a single-car garage. Positioned at the end of the innermost green, the home feels exceptionally private and peaceful. Original 1940s windows capture the changing light throughout the day from soft morning light to bright afternoon sun and a warm evening glow casting beautiful geometric shadows across the walls. Original hardwood floors run throughout the living and dining areas, while an oversized Japanese paper lantern pendant highlights the architectural staircase. The kitchen retains its original cabinetry, painted in a French toile blue, vintage hardware, and cheerful yellow backsplash, complemented by updated countertops and sink. Just outside, the kitchen balcony overlooks a large gated patio landscaped with fragrant lavender. A second balcony faces the expansive lawns and mature trees of Village Green. The oversized primary bedroom features a dramatic wall of windows, treetop views, and ample room for a sitting area or workspace. The bathroom includes an updated vanity while maintaining the home's original character. Designed by planner Clarence Stein and architect Reginald D. Johnson, Village Green is a National Historic Landmark spanning 64 acres of mature parkland and pedestrian pathways. Residents enjoy 24-hour security, a clubhouse, summer concerts, and one of Los Angeles' most architecturally significant residential settings.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Keyanna Rees · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,590
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $61,500 · Loan: $553,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,568
- Property tax (1.25%)
- $641
- Homeowners insurance
- $300
- Mortgage insurance
- $231
- HOA dues
- $851
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
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 $21,525 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 Los Angeles, CA 90016 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
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