5511 Smiley Drive

Los Angeles CA 90016

5670 sq. ft.

7198 sq. ft.

Other

Last sold for $1,370,000

Jordan Peikin, last sold this property on 23 February 2026 after 240 days on market.

Overview

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.

Features

11 bedrooms

8 bathrooms

10 carspaces

7 open car spaces

1 garage space

5670 sq. ft. floor area

7198 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 5511 Smiley Drive

2026

Sold

$1,370,000

23 Feb 2026 by Jordan Peikin, of Jordan Peikin

2016

Sold

$1,325,000

05 Dec 2016 by Rinde Philippe, of Berkshire Hathaway HomeServices California Properties (Santa Monica, 90403)

Happy sellers in Los Angeles

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