5511 Smiley Drive, Los Angeles, CA 90016
Local realty services provided by:CENTURY 21 Synergia Realty
5511 Smiley Drive,Los Angeles, CA 90016
$1,450,000
- 11 Beds
- 8 Baths
- 5,670 sq. ft.
- Multi-family
- Pending
Listed by: jordan peikin
Office: jordan peikin
MLS#:25557631
Source:CRMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$255.73
About this home
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.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:25557631
- Added:211 day(s) ago
- Updated:January 25, 2026 at 08:34 AM
Rooms and interior
- Bedrooms:11
- Total bathrooms:8
- Living area:5,670 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:5,670 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$255.73
New listings near 5511 Smiley Drive
- New
$1,760,000Active4 beds 5 baths2,430 sq. ft.11341 Pearl St, Los Angeles, CA 90064
MLS# CRTR26014805Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,585,000Active3 beds 3 baths1,698 sq. ft.5445 Agnes Avenue, Valley Village, CA 91607
MLS# 26642299Listed by: JOHN THOMS PROPERTIES - New
$850,000Active-- beds -- baths1,691 sq. ft.3261 Eagle Street, Los Angeles, CA 90063
MLS# CV26017592Listed by: KELLER WILLIAMS - New
$650,000Active3 beds 3 baths1,429 sq. ft.9001 Owensmouth #28, Canoga Park, CA 91304
MLS# IV26017277Listed by: BILTMOREWEST REALTY - New
$3,500,000Active7 beds 8 baths9,276 sq. ft.10425 Melvin, Porter Ranch, CA 91326
MLS# SR25259786Listed by: KELLER WILLIAMS VIP PROPERTIES - New
$1,199,900Active3 beds 3 baths2,129 sq. ft.4404 San Blas, Woodland Hills, CA 91364
MLS# SR26017686Listed by: COLDWELL BANKER REALTY - New
$2,798,000Active4 beds 4 baths3,595 sq. ft.3170 Hutton Drive, Beverly Hills, CA 90210
MLS# CL26639491Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$250,000Active3 beds 2 baths1,272 sq. ft.16079 Yarnell Street #C35, Sylmar (los Angeles), CA 91342
MLS# CRSR26015624Listed by: CITIWIDE REALTY GROUP - New
$680,000Active3 beds 1 baths1,140 sq. ft.10517 Cimarron Street, Los Angeles, CA 90047
MLS# 26642715Listed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$1,300,000Active-- beds -- baths2,483 sq. ft.2000 W 54th, Los Angeles, CA 90062
MLS# IN26016451Listed by: TRACY ADEWUNMI, BROKER