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Address: 5471 Village Green, Los Angeles CA 90016
Beds: 3
Baths: 2.00
Sqft: 1,583
List Price: $1,200,000 ($758.05 per sqft)
HOA Fee: $798.64 (Monthly)

Are you on the hunt for a unique property with a rich historical background? Look no further! Presenting a rare find in Los Angeles: a 3-bedroom corner unit at Village Green, a mid-century village bursting with character. | PROPERTY DETAILS

Set amidst 68 acres, the Village Green offers 44 acres of serene gardens, parks, and mature trees. Imagine waking up every day and gazing out onto an expansive lush park from every window. The upstairs bedrooms even offer picturesque views into the treetops. The property boasts a front patio overlooking the green, along with a spacious private back patio – perfect for relaxation or entertaining guests.

Built in 1945, this two-story unit combines historic charm with modern living. Its interior features include a cozy fireplace in the living room, hardwood, parquet, and tile flooring, and equipped with a dishwasher, refrigerator, and range/oven. Not to mention, the property comes without the hassle of AC, utilizing the natural breeze and shade from the trees.

One of the most compelling aspects of this property is its designation under the Mills Act. This means it’s recognized for its preserved historical significance, leading to a notable reduction in property taxes for the owner.

Community Highlights:
Association: Village Green Owners Association
Amenities: Other Courts, Security, Landscape Maintenance, Pet Rules, Clubhouse, Guest Parking.
Pets: The community is pet-friendly but has specific rules and weight limits.
Property Details:
Year Built: 1945
Stories: 2
Units in Complex: 629
View: Trees, Green Belt, and Treetops
Style: Mid-Century
Parking: Garage that accommodates 1 car, with additional uncovered spaces.

To merely call this property a gem would be an understatement. It’s a unicorn! Owning a piece of Los Angeles history with unparalleled charm and benefits like reduced property taxes doesn’t come around often. This is your opportunity to be a part of the storied Village Green community. Don’t miss out!

Village Green: Los Angeles’s Historical Oasis Amidst the City’s Hustle

Imagine living in a tranquil oasis, surrounded by mature trees and lush greenery, and yet, located in the heart of the bustling city of Los Angeles. Sounds like a dream? Welcome to Village Green!

A Rich Historical Legacy

Village Green isn’t just a typical residential area; it’s a celebrated National Historic Landmark and Monument. Built in the 1940s, this iconic Garden City represents a blend of mid-century charm and contemporary amenities. Being a Mills Act designated property, homeowners enjoy significant property tax benefits, a nod to its rich heritage and significant historical value.

Sprawling Greenery and Mature Trees

Spanning over 68 acres, Village Green is a true urban forest. With over 2,000 mature trees, residents get to bask in the beauty of nature right outside their windows. For those who appreciate the outdoors, walking trails meander through the grounds, offering residents a respite from the city’s hustle and bustle. The views to the Baldwin Hills and Coliseum are nothing short of spectacular, adding to the property’s appeal.

Community at its Best

Living in Village Green isn’t just about the residences; it’s about being part of a vibrant community. The locale is known for its plethora of events, including jazz concerts, movie nights, and neighbor potlucks. For nature enthusiasts, bird-watching tours are a delight, with a chance to spot some rare avian species.

Modern Amenities Meet Historical Charm

The residences at Village Green are thoughtfully designed to offer the best of both worlds. From parquet floors and custom-made blinds to remodeled kitchens and spacious private patios, every home echoes a perfect balance of vintage allure and modern comfort. Residents can also benefit from features like 24/7 security, an on-site maintenance crew, and private garages.

Prime Location

Village Green’s central location is one of its many assets. Situated close to LAX, Beverly Hills, and Downtown Los Angeles (DTLA), residents enjoy the convenience of city living. The community is also a walking and rolling distance from the Metro Expo Line, trendy Downtown Culver City, Baldwin Hills Crenshaw Plaza, and the recently opened Whole Foods. Whether you’re looking to dine in a bistro, catch a movie, or shop, everything is just a stone’s throw away.

Village Green Beckons

Village Green is more than just a residential complex; it’s a lifestyle. The blend of historical charm, modern amenities, community spirit, and prime location makes it a sought-after gem in Los Angeles’s real estate market. If you’ve ever dreamt of owning a piece of history while enjoying all contemporary comforts, Village Green beckons! Experience this sanctuary in the heart of the city.

Get a free list of Mills Act historic lofts. Fill out the online form:

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Text and photos created or modified by artificial intelligence. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

ASK COREY

Q: Good morning, Corey. I have a question. Would you be able to provide a BPO on improved land that has the full blueprints?

A: Hi Kevin, Thank you for your inquiry regarding a Broker Price Opinion (BPO) for improved land with full blueprints. It’s a great question and one that many California property owners and investors often contemplate. In this article, we will delve into the intricacies of BPOs for improved land, explore how blueprints can impact property value, and shed light on the steps necessary to realize the full potential of your investment.

Understanding the Role of a BPO

Before we dive into the specifics of improved land with blueprints, let’s clarify what a BPO is and why it’s essential in the world of real estate. A Broker Price Opinion is a professional assessment conducted by a licensed real estate broker or agent to determine the estimated value of a property. BPOs are used for various purposes, including sales, refinancing, and insurance. They offer a more detailed and informed valuation than automated tools but are less comprehensive than a full appraisal.

Blueprints: The Blueprint to Increased Value?

Now, let’s address the question at hand: Can blueprints enhance the value of improved land? The answer is nuanced. Blueprints can certainly play a crucial role in increasing the perceived value of a property, but several factors come into play.

Firstly, blueprints provide potential buyers or investors with a clear vision of the property’s possibilities. They showcase the layout, design, and functionality of the land, making it easier for interested parties to visualize their future investment. This visualization can spark interest and enthusiasm, potentially leading to a quicker sale or a higher sale price.

However, it’s important to note that blueprints alone do not automatically add monetary value to the land. Their impact on value becomes significant when they are tied to a concrete plan for development. The value-added by blueprints is contingent on obtaining the necessary permits, completing the city review process, and securing approval for the proposed improvements. These steps transform a concept on paper into a tangible and marketable asset.

Maximizing the Impact of Blueprints

If you possess improved land with blueprints and wish to maximize its potential value, here are essential steps to consider:

Permit Procurement: Initiate the process of obtaining the required permits for the proposed improvements. This step is pivotal in turning blueprints into actionable plans.
City Review Process: Engage with your local authorities to navigate the city review process efficiently. Ensure that your plans align with zoning regulations and building codes.
Utilities and Infrastructure: Specify the details of utilities, infrastructure, and other essential amenities in your blueprints. These aspects add practical value to your property.
Market Research: Stay informed about the real estate market trends in your area. Understanding the demand for specific types of properties can help you position your improved land effectively.
Professional Guidance: Consult with a real estate professional experienced in land development. They can provide valuable insights and guidance throughout the process.
Conclusion

Blueprints have the potential to enhance the perceived value of improved land. However, their true value is unlocked when they are part of a well-defined plan, complete with permits and approvals. If you’re considering selling or investing in such a property, it’s crucial to take the necessary steps to realize its full potential.

As a seasoned real estate broker in Los Angeles, serving all of California, I’m here to assist you in navigating the complexities of real estate transactions. Feel free to reach out to me at 213-880-9910 or coreychambers@yahoo.com if you have further questions or if you’d like to discuss your specific property in more detail.

Remember, your referrals can also make a significant impact on the lives of children in need at Children’s Hospital Los Angeles. Together, we can make a difference in our community.

Best regards,

Corey Chambers
ENTAR® Real Estate & Financial Tech
DRE#01889449

P.S. Your Referrals Help The Kids! We are on a mission to raise $25,000 to help the extraordinary kids in need at Children’s Hospital Los Angeles. We do this by donating a portion of our income on every home we sell. Help us help Children’s. Who do you know considering making a move that would benefit from the services we provide? Call me at 213-880-9910 with their contact info, or have them contact me. You can also visit Referrals Help Kids. Thank you in advance!

How much is your property worth? Order a BPO Broker Price Opinion to get it in writing, along with extra reports. Fill out the online form:

<a href="https://laloft.wufoo.com/forms/r135s9w90nk83sq/" target="_blank" rel="noopener noreferrer">Fill out my Wufoo form!</a>

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