5430 Smiley Drive, Los Angeles, CA 90016

• 11 beds |
• 9 baths |
• 4,849 sqft

Property Description

PORTFOLIO SALE - Offered collectively for the first time in 3 decades, this property is being sold as part of an exclusive 6 building multifamily portfolio. All assets are to be sold together and are offered at a total price of $11,750,000. The portfolio includes the following Los Angeles properties: 1) 4520 Willow Brook Ave 90029, 2) 1123 S Norton Ave 90019, 3) 1542 2nd Ave 90019, 4) 5430 Smiley Dr 90016, 5) 4051 W 4th St 90020, 6) 3421-3427 S Norton Ave 90018.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 5.2%

Listing Status:

Active

Date Added:

December 30, 2025 at 06:00AM

Listing Office:

Link Brokerages : 310-695-6510

Listing Agent:

Coby Chatwin : 310-743-3908

MLS ID:

25631731

Interior

• A/C: None

Exterior

• Parking: DrivewayGarageOne SpaceTandemParking spaces: 5

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LARD1.55043019005

Financial

• Source: CRMLS_CL

This listing courtesy of Coby Chatwin, Link Brokerages