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Two-Unit Residential Income Property
For Sale
$859,000

5441 Smiley DR, Los Angeles, CA 90016

Two homes on one lot with a two-car detached garage, plus zoning LARD 1.5 for potential redevelopment.

Property Size1,370 SF
Days on Market880

Property Features for 5441 Smiley DR

General Information

Standard status Active
Size 1,370 SF
Total Parking Spaces 2
Property subtype MULTI_FAMILY
Zoning LARD 1.5

Site & Location

Neighborhood West Adams

Building Details

Building Size 1,370 SF
Year Built 1926
Listing Agency: Klovus Realty
Listed By: Juliana Canela · License #02180948
Source: Milsteinestates
Added: May 28, 2024 Changed: Oct 22 Last Checked: Oct 23 at 12:49PM

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 Klovus Realty

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Investment Insights

Based on property information with market context.

This property includes two separate homes on one lot. The main house at 5441 Smiley Dr. offers 2 bedrooms and 1 bathroom, and the back house at 5443 Smiley provides 1 bedroom and 1 bathroom. A detached two-car garage is associated with the front unit, and the garage can be converted into an ADU.

The property is described as being in a location minutes from the light rail, with major developments in Culver City.

The property is zoned LARD 1.5, which the public remarks state can provide a density bonus and additional incentives for new construction multi-family development. Buyer to conduct due diligence to satisfy themselves regarding all aspects of the property.

Key Highlights

  • Two homes on one lot: main house at 5441 Smiley Dr (2 bd, 1 ba) plus back house at 5443 Smiley (1 bd, 1 ba).
  • Two‑car detached garage belongs to the front unit.
  • Detached garage may be converted into an ADU.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Duplex - Two homes on one lot with a two-car detached garage, plus zoning LARD 1.5 for potential redevelopment.
Where is this duplex located?
The property is located at 5441 Smiley DR Los Angeles, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Two homes on one lot: main house at 5441 Smiley Dr (2 bd, 1 ba) plus back house at 5443 Smiley (1 bd, 1 ba).; Two‑car detached garage belongs to the front unit.; Detached garage may be converted into an ADU.
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