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Remodeled Triplex with ADU

5418 Smiley Dr, Los Angeles, CA 90016

For Sale
$1,299,990

Three residences offer updated interiors, in-unit laundry, and separate outdoor areas for the accessory dwelling unit and one primary residence.

Property Size2,265 SF
Price / SF$573.95
Days on Market256

Property Features for 5418 Smiley Dr

General Information

Standard status Active
Size 2,265 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood West Adams
Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 2BR/2BA, 1 x 1BR
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

in-unit stackable laundry
private patio space
small garden area

Building Details

Building Size 2,265 SF
Year Built 1933
Year Renovated 2022
Listing Agency: Real Estate Collective
Listed By: Claire Lissone · License #01426130
Source: Spireestateservices
Added: Feb 26 Changed: Nov 7 Last Checked: Nov 7 at 3:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Collective

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential property comprises two two-bedroom residences and a one-bedroom accessory dwelling unit across three addresses. Renovated in 2022, the units feature wide-plank vinyl flooring, mini-split HVAC, vinyl windows, and in-unit stackable laundry. Both two-bedroom units have kitchens with stainless steel appliances, quartz countertops, and ample cabinetry. One includes a small garden area near its entrance; the ADU has a private patio. Each of the two larger residences includes one off-street parking space.

The property is in Los Angeles, near Westside Neighborhood Park, Whole Foods, and Metro service, with freeway access and downtown also nearby.

Key Highlights

  • Three residential units across addresses 5416, 5418, and 5418 1/2
  • Renovated in 2022; 2,265 SF total
  • Unit mix: 2‑bedroom/1‑bath in 636 SF, 2‑bedroom/2‑bath in 1,111 SF, and 1‑bedroom ADU

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
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Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residences offer updated interiors, in-unit laundry, and separate outdoor areas for the accessory dwelling unit and one primary residence.
Where is this triplex located?
The property is located at 5418 Smiley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,299,990.
What are key features of this property?
This property features: Three residential units across addresses 5416, 5418, and 5418 1/2; Renovated in 2022; 2,265 SF total; Unit mix: 2‑bedroom/1‑bath in 636 SF, 2‑bedroom/2‑bath in 1,111 SF, and 1‑bedroom ADU
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