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Detached Duplex with Renovated Units
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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 Size1,648 SF
Price / SF$667.48
Days on Market64

Property Features for 5435 Smiley Drive

General Information

Standard status Active
Size 1,648 SF
Property subtype Multifamily
Zoning LARD1.5

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Keller Williams Realty Irvine
Listed By: Stephen Jeong · License #01967125
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 5 at 3:21PM

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 Keller Williams Realty Irvine

Investment Insights

Based on property information with market context.

5435 Smiley Drive is a fully detached duplex featuring a 2-bedroom, 2-bath front unit with 977 sf and a 2-bedroom, 1-bath back unit with 671 sf. Both units have updated kitchens, bathrooms, and flooring, and each unit includes its own laundry. The back unit has recently undergone full renovation, while the property is served by separate meters for electricity and gas, supporting independent operation of both units. A detached garage on-site adds additional flexibility for future expansion or an ADU conversion.

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

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Travel Agency Accounting Firm Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,360
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully detached duplex offers separately metered units, updated interiors, and a detached garage suited for an ADU conversion.
Where is this duplex located?
The property is located at 5435 Smiley Drive Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 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
More about this property
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