5511 Smiley Drive, Los Angeles, CA 90016

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16

Property Description

SELLER MOTIVATED! HUGE UPSIDE!! 5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. The building has had numerous upgrades such as security camera installation, vinyl windows, and a newer roof and exterior paint. There is ample tenant parking as well as 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, Argo Navis Middle School, and Hamilton High School. Public transit is easily accessible at the La Cienega/Jefferson Metro station 0.7 miles away. With 5511 Smiley, you can hedge against inflation, exploit tax advantages, and add more value.


Interior Features

Laundry Information
Location(s) Common Area, Laundry Room
Bedroom Information
Bedrooms 11
Bathroom Information
Bathrooms 8
Flooring Information
Material Laminate, Tile
Interior Information
Features Ceiling Fan(s)
Cooling Type None

Listing Information

Address 5511 Smiley Drive
City Los Angeles
State CA
Zip 90016
County Los Angeles
Listing Agent Jordan Peikin DRE #02015987
Courtesy Of Jordan Peikin
List Price $1,695,000
Status Active
Type Residential Income
Structure Size 5,670
Lot Size 7,198
Year Built 1964

Listing information courtesy of: Jordan Peikin, Jordan Peikin. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.