5435 Smiley Drive, Los Angeles, CA 90016
Fully detached duplex offers separately metered units, updated interiors, and a detached garage suited for an ADU conversion.
Property Features for 5435 Smiley Drive
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Investment Insights
Based on property information with market context.
Located in West Adams, the property sits on a residential income asset configuration that can accommodate a range of owner-occupant and investor strategies. The detached layout provides separation between units, and the site is zoned LARD1.5 in TOC tier 3, which the listing indicates allows for increased density and FAR bonuses.
For tenants or buyers, the dual-unit setup supports living in one unit while renting the other, or renting both as income properties. The separately metered utilities and in-unit laundry are practical improvements for day-to-day management. Developers and operators will also value the detached garage and the zoning potential cited for LARD1.5 in TOC tier 3, subject to applicable approvals and requirements.
Key Highlights
- Fully detached duplex with two separate units: front 2BD/2BA (977 SF) and back 2BD/1BA (671 SF)
- Back unit recently fully renovated; both units feature updated kitchens, bathrooms, flooring, and individual laundry
- Separately metered electricity and gas for each unit
Property Analytics
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Trade Area within ½ mile
Demographics for 90016, CA
Market
Vacancy Rate% for Multifamily in West region