Active

5511 Smiley Drive

Los Angeles CA, 90016

$1,695,000


$298.94 per sqft

Active

11 Beds

8 Baths

5,670 sqft

Residential

Built in 1964

Listed by Jordan Peikin with Jordan Peikin 310-467-5167

SELLER MOTIVATED! HUGE UPSIDE!! 5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. The building has had numerous upgrades such as security camera installation, vinyl windows, and a newer roof and exterior paint. There is ample tenant parking as well as owned communal laundry machines and a storage room that could be rented or retained for the owner's use. Lastly, the 7,200 square foot lot is 50% larger than the standard 4,800 square foot lot for the area. Superbly located just steps away from the heart of the West Adams commercial corridor, 5511 Smiley Drive provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 83 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Westside Neighborhood Park, Marvin Avenue Elementary, Argo Navis Middle School, and Hamilton High School. Public transit is easily accessible at the La Cienega/Jefferson Metro station 0.7 miles away. With 5511 Smiley, you can hedge against inflation, exploit tax advantages, and add more value.

24378945

MLS ID

April 10, 2024

Listed

January 14, 2025

Updated

Map

5511 Smiley Drive
Los Angeles CA, 90016

Interior Features

Total Stories

2


Bedrooms

11


Total Bathrooms

8


Interior Features

Ceiling Fan(s)


Appliances

Disposal, Microwave, Refrigerator


Laundry Description

Common Area, Laundry Room


Floor Description

Laminate, Tile


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Roof

Composition


Sewer

Other

Other Property Details

Area Name

C16 - Mid Los Angeles


Days on Market

234


Garage

Yes


Parking

Assigned, Carport, Garage, Side By Side, Tandem


Parking Total

9


View

Yes


View Description

City Lights


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LARD2

Listing Contact: 310-467-5167 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/14/2025 at 1:58 AM UTC

 

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