5511 Smiley Drive, Los Angeles, CA 90016

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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 (approximately 66%), by way of future tenant turnover and capital improvements. 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 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. The property

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Home facts

  • Year built:1964
  • Listing Id #:25557631
  • Added:48 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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