5326 Smiley Drive, Los Angeles, CA 90016

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5326 Smiley Drive,Los Angeles, CA 90016
$950,000
  • 2 Beds
  • 1 Baths
  • 872 sq. ft.
  • Single family
  • Active
Listed by: ari wintraub
Office: sotheby's international realty310-481-6262
MLS#:26829999
Source:CRMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$1,089.45

About this home

Located in a premier Opportunity Zone in the heart of West Adams, this LARD1.5-zoned parcel offers a rare, SB 8-exempt, and non-rent-controlled development opportunity with a streamlined path to market-rate construction. This is for only Lot 1, as seen in photos, provides an opportunity to build a "by-right" triplex, plus the addition of an ADU yields a fourplex in one of the nation's fastest-growing sub-markets. Capitalize on the immense demand from expanding nearby offices for Apple, Amazon Studios, and HBO. Future residents will enjoy easy access to Whole Foods, Mizlala, the newly opened Maydan Market, and all the trendy destinations along Adams Blvd. The site is uniquely positioned as a standalone project or as part of a strategic five-lot assembly totaling a half-acre with plans for 16 small-lot homes. Unlike many central LA developments, this project requires no low-income set-asides or replacement units, allowing for 100% market-rate rental or sales potential. This is an ideal...

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Home facts

  • Year built:1924
  • Listing ID #:26829999
  • Added:47 day(s) ago
  • Updated:June 24, 2026 at 10:55 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Tile
  • Living area:872 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1924
  • Building area:872 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Levels:1 Story

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$1,089.45

Parking

  • Parking description:Driveway
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