5430 32-34 Smiley Drive, Los Angeles, CA 90016

Local realty services provided by:ERA North Orange County Real Estate
5430 32-34 Smiley Drive,Los Angeles, CA 90016
$1,550,000
  • 11 Beds
  • 9 Baths
  • 4,849 sq. ft.
  • Multi-family
  • Active
Listed by: coby chatwin, andrew malekie
Office: link brokerages
MLS#:25631731
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$319.65

About this home

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%

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Home facts

  • Year built:1961
  • Listing ID #:25631731
  • Added:51 day(s) ago
  • Updated:February 20, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:9
  • Living area:4,849 sq. ft.

Structure and exterior

  • Year built:1961
  • Building area:4,849 sq. ft.
  • Lot area:0.22 Acres

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$319.65
Based on information from California Regional Multiple Listing Service, Inc. as of February 20, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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