5511 Smiley Drive, Los Angeles, CA 90016

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
5511 Smiley Drive,Los Angeles, CA 90016
$1,450,000
  • 11 Beds
  • 8 Baths
  • 5,670 sq. ft.
  • Multi-family
  • Active
Listed by: jordan peikin
Office: jordan peikin
MLS#:25557631
Source:CRMLS

Price summary

  • Price:$1,450,000
  • Price per sq. ft.:$255.73

About this home

5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. A savvy investor will have the opportunity to increase the building's value by exploiting its huge rental upside by way of future tenant turnover, capital improvements, and optimizing expenses. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. Numerous upgrades such as security camera installation, vinyl windows, a newer roof and water line, and exterior paint have been made for lower maintenance ownership. There is ample tenant parking, 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.

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Home facts

  • Year built:1964
  • Listing ID #:25557631
  • Added:156 day(s) ago
  • Updated:December 01, 2025 at 11:43 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:8
  • Living area:5,670 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1964
  • Building area:5,670 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,450,000
  • Price per sq. ft.:$255.73
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