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