CA > Los Angeles
Los Angeles, CA 90016,5435 Smiley DR
Los Angeles, CA 90016,5435 Smiley DR
Los Angeles, CA 90016,5435 Smiley DR
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$1,000,000
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4,809 Sqft Lot
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5435 Smiley DR Los Angeles, CA 90016

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24072586

HOA Y/N No

Year Built 1921

Annual Tax Amount $5,900

Lot Size 4,809 Sqft

Property Sub-Type Triplex

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Floor Furnace, Natural Gas

Cooling None

Fireplace No

Laundry Inside, Laundry Closet, See Remarks

Exterior

Parking Features Driveway, Gated

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Roof Type Composition,Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5043018021

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Stephen Jeong Keller Williams Realty Irvine 714-309-2708

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agent

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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5435 Smiley DR