Jeremiah Moersch REALTOR®
Office: 760-533-2540
5435 Smiley Drive, Los Angeles
$1,000,000
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5 Beds
4 Baths
.11 Acre
0 Garage
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.
Essential Information
- MLS® #
- PW24072586
- Price
- $1,000,000
- Bedrooms
- 5
- Bathrooms
- 4.00
- 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
- Zip Code
- 90016
- Senior Community
- N
Community Features
Street Lights, Sidewalks, Urban
Amenities
- Parking Spaces
- 5
- Parking
- Driveway, Gated
- Garages
- Driveway, Gated
- Pool
- None
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Interior
- Heating
- Natural Gas, Floor Furnace
- Cooling
- None
- # of Stories
- 1
- Stories
- One
Exterior
- Lot Description
- Level
- Roof
- Composition, Tile
Additional Information
- Date Listed
- April 12th, 2024
- Days on Market
- 36
- Zoning
- LARD1.5
Listing Details
- Agent
- Stephen Jeong
- Office
- Keller Williams Realty Irvine
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 10:15am PDT. 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, 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.