About 5435 Smiley Drive
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.
Features of 5435 Smiley Drive
| MLS® # | PW24072586 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1921 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 5435 Smiley Drive |
|---|---|
| Area | C16 - Mid Los Angeles |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90016 |
Listing Map
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Parking Spaces | 5 |
| Parking | Driveway, Gated |
| Garages | Driveway, Gated |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Floor Furnace, Natural Gas |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition, Tile |
Additional Information
| Date Listed | April 12th, 2024 |
|---|---|
| Days on Market | 160 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Stephen Jeong |
|---|---|
| Office | Keller Williams Realty Irvine |