Listed By Jordan Peikin, Jordan Peikin
5511 SMILEY DR Los Angeles, CA 90016
$1,795,000
11
Bedrooms
8
Total Baths
—
Full Baths
5,670
Square Feet
0.17
Acres
1964
Year Built
Active
Status
MLS#
24-378945
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.
Details for 5511 SMILEY DR
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Jordan Peikin, 310-467-5167
MLS# 24-378945
Updated 11:47AM - 5/3/2024
Listing Agent Jordan Peikin, 310-467-5167
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