5430 Smiley Drive

Los Angeles CA 90016

4849 sq. ft.

9601 sq. ft.

Other

Last sold for $1,375,000

Coby Chatwin, last sold this property on 03 April 2026 after 93 days on market.

Overview

Prime investment opportunity in the rapidly emerging West Adams submarket of Los Angeles. Located at 5430-5434 Smiley Drive, the property consists of 7 one bedroom one bathroom apartment units and 2 detached homes comprised of two bedroom units with one and one half bathrooms, all situated on approximately 9,601 square feet of land with convenient access to the I 10 freeway. This property is in an Opportunity Zone and a seismic retrofit has recently been completed, providing added long term stability and tax advantages, while significant value add potential remains throughout. The two detached homes offer compelling renovation and construction upside, creating an opportunity to further enhance rental income and overall asset value, in addition to ADU potential within the existing carport. The unique unit composition combined with below market rents presents an excellent opportunity for investors to capture nearly 60% rental upside with an attractive current cap of over 5.6%

Features

11 bedrooms

9 bathrooms

1 carspace

3 open car spaces

1 garage space

4849 sq. ft. floor area

9601 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 11 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 5430 Smiley Drive

2026

Sold

$1,375,000

03 Apr 2026 by Coby Chatwin, of Link Brokerages

Happy sellers in Los Angeles

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