Los Angeles, CA 90016,5511 Smiley DR
Los Angeles, CA 90016,5511 Smiley DR
Los Angeles, CA 90016,5511 Smiley DR
25
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$1,450,000
Est. payment /mo
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11 Beds
8 Baths
5,670 SqFt
Pending

5511 Smiley DR Los Angeles, CA 90016

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Teresa Corpus

Teresa Corpus

+1(619) 250-4558

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Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 5,670 sqft

Price per Sqft $255

MLS Listing ID 25557631

Bedrooms 11

Construction Status Fixer,Repairs Cosmetic,Updated/Remodeled

HOA Y/N No

Year Built 1964

Lot Size 7,196 Sqft

Property Description

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. The property features a stellar 83 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Westside Neighborhood Park, Marvin Avenue Elementary, and Hamilton High School. Public transit is also easily accessible at the La Cienega/Jefferson Metro station at just 0.7 miles away. With 5511 Smiley, investors can hedge against inflation, leverage tax advantages, and add more value.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Disposal, Microwave, Refrigerator

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Carport, Garage, Side By Side, Tandem

Pool None

View Y/N Yes

View City Lights

Roof Type Composition

Total Parking Spaces 10

Private Pool No

Building

Faces South

Story 2

Entry Level Two

Foundation Slab

Sewer Other

Level or Stories Two

New Construction No

Construction Status Fixer,Repairs Cosmetic,Updated/Remodeled

Others

Senior Community No

Tax ID 5048024026

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

CRMLS – RECore
Listed by Jordan Peikin Jordan Peikin

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    El Marino Elementary School

    Public | KG - 5

  • 10

    Farragut Elementary School

    Public | KG - 5

  • 9

    Beverly Vista School

    Public | KG - 8

  • 9

    Canfield Avenue Elementary School

    Public | KG - 5

  • 9

    Horace Mann School

    Public | KG - 8

  • 8

    Castle Heights Elementary School

    Public | KG - 5

  • 8

    El Rincon

    Public | KG - 5

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 7

    Linwood E. Howe Elementary School

    Public | KG - 5

  • 7

    Baldwin Hills Elementary School

    Public | KG - 5

  • 6

    Marvin Avenue Elementary

    Public | KG - 5

  • 6

    Cienega Elementary School

    Public | KG - 5

  • 5

    Shenandoah Street Elementary School

    Public | KG - 5

  • 5

    City Charter Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 4

    Palms Elementary

    Public | KG - 5

  • 4

    Crescent Heights Blvd School

    Public | KG - 5

  • 4

    Carthay School

    Public | KG - 5

Middle Schools 15
  • 8

    Los Angeles Center for Enriched Studies

    Public | 6 - 12

  • 7

    Culver City Middle School

    Public | 6 - 8

  • 6

    New los Angeles Charter

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 5

    Magnolia Science Academy 6

    Public | 6 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 0

    Angela's Workshop

    Private | 6 - 12

  • 0

    Yeshivat Ohr Chanoch

    Private | 8 - 12

  • 0

    Star Preparatory Academy

    Private | 6 - 12

  • 0

    Urban Village Middle School

    Public | 6 - 8

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Frederick Douglass Academy Middle School

    Public | 6 - 8

High Schools 20
  • 8

    Culver City High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 5

    Alexander Hamilton High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 1

    Dorsey High School

    Public | 9 - 12

  • 1

    Crenshaw Magnet High School

    Public | 9 - 12

  • 0

    Yula Boys High School

    Private | 9 - 12

  • 0

    Culver Park High School

    Public | 10 - 12

  • 0

    Cheviot Hills Continuation

    Public | 9 - 12

  • 0

    Yula Girls High School

    Private | 9 - 12

  • 0

    Mesivta Birkas Yitzchok

    Private | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    View Park Continuation

    Public | 9 - 12

  • 0

    Slauson Learning Center 1

    Private | 9 - 12

School and business data provided by Attom Data.

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Teresa Corpus

Teresa Corpus

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+1(619) 250-4558

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