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$1,000,000
5 bed
4 bath
0 Sqft
4,807 Sqft lot

5435 Smiley Drive, Los Angeles, California 90016

  • Residential Income Property Type
  • 81 Days Time on market
  • 1921 Year Built
Property Description

5435 Smiley Dr is a triplex consisting of a 2BD/2BA/977sf front unit, a middle efficiency studio unit, and a back 2BD/1BA/671sf unit in the heart of trendy West Adams. Substantial upside in rents (pro-forma 7% cap) and zoned LARD1.5 in TOC tier 3 allowing for increased density and FAR bonuses, this property presents an exceptional opportunity for owner occupancy and promises to be a developer’s dream. The middle unit has recently undergone full renovation and the front and back unit both have updated kitchens, bathrooms, flooring, and individual laundry. Front and back units are separately metered for electricity and gas. Drive-by only, please do not disturb residents.

Basic Details
Residential Income
Buy
PW24072586
$1,000,000
5
4
0 Sqft
1921
4,807 Sqft
Active
Triplex
Multi-family
Features
: Natural Gas, Floor Furnace
: Sidewalks, Street Lights, Urban
5
$0
: Composition, Tile
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90016
5435 Smiley Drive
5435
Drive
0
W119° 38' 14.7''
N34° 1' 45.6''
Additional Information
81
1
1
1
: One
1
: Inside, See Remarks, Laundry Closet
0
1,873 Sqft
1
0 Sqft
0 Sqft
0.11 Sqft
4,807 Sqft
1
: No Common Walls
0 Sqft
LARD1.5
5043018021
$5,900
$0
$0
$0
1
$0
$500
0 Sqft
1
0 Sqft
$0
1
12/04/2024 14:30:34
$0
: Standard
Cash,CashtoNewLoan,Conventional,1031 Exchange
CLA
Keller Williams Realty Irvine
Stephen Jeong
PB10997
PWJEONSTE
$0
7.11
4
1
: Level
1
: Electricity Connected, Natural Gas Connected, Water Connected
1
: Square Feet
yes
1
3
2
2
1
2
3
234
93600
US-06037-N-5043018021-R-N
Triplex
16/04/2024 19:03:34
Smiley
C16 - Mid Los Angeles
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