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Two-Unit Residential Income Property
For Sale
$975,000
Pending

5607 Smiley DR, Los Angeles, CA 90016

Two separate units include a front 2-bedroom 1-bath and a large upstairs 1-bedroom 1-bath with bonus space.

Property SizeContact for details
Days on Market125

Property Features for 5607 Smiley DR

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1961
Listing Agency: Inheritance Realty Inc.
Listed By: Anthony George · License #01055721
Source: Exitrealty
Added: May 6 Changed: Aug 8 Last Checked: Jul 23 at 8:19AM

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 Inheritance Realty Inc.

Investment Insights

Based on property information with market context.

This two-unit residential income property features a separate front unit with two bedrooms and one bathroom. The upstairs portion is described as a very large one-bedroom, one-bath layout built over the carports and includes a laundry room and additional bonus room.

The bonus room is further described as having a 0.75 bath and kitchenette. The information also notes potential to reconfigure the current one-bedroom, one-bath into a two-bedroom, one-bath unit, and suggests there may be an opportunity to convert the area beneath it into an additional two-bedroom, one-bath unit directly underneath.

As presented, the property could be developed into a three-unit building, with all units becoming two bedrooms and one bathroom. The address is 5607 Smiley DR, Los Angeles, CA 90016.

Key Highlights

  • Two‑unit property (built 1961) with a separate front 2‑bedroom, 1‑bath unit and a large upstairs 1‑bedroom, 1‑bath unit
  • Upstairs unit includes bonus space plus an additional .75 bath and kitchenette
  • Front unit: 2 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate units include a front 2-bedroom 1-bath and a large upstairs 1-bedroom 1-bath with bonus space.
Where is this duplex located?
The property is located at 5607 Smiley DR Los Angeles, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two‑unit property (built 1961) with a separate front 2‑bedroom, 1‑bath unit and a large upstairs 1‑bedroom, 1‑bath unit; Upstairs unit includes bonus space plus an additional .75 bath and kitchenette; Front unit: 2 bedrooms and 1 bath
More about this property
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