5430 Smiley Dr, Los Angeles, CA 90016 - Photo 1

1/1

$1,375,000

Sold
Closed
Multi-Family
11 Total Beds

1/1

Property Description

Prime investment opportunity in the rapidly emerging West Adams submarket of Los Angeles. Located at 5430-5434 Smiley Drive, the property consists of 7 one bedroom one bathroom apartment units and 2 detached homes comprised of two bedroom units with one and one half bathrooms, all situated on approximately 9,601 square feet of land with convenient access to the I 10 freeway. This property is in an Opportunity Zone and a seismic retrofit has recently been completed, providing added long term stability and tax advantages, while significant value add potential remains throughout. The two detached homes offer compelling renovation and construction upside, creating an opportunity to further enhance rental income and overall asset value, in addition to ADU potential within the existing carport. The unique unit composition combined with below market rents presents an excellent opportunity for investors to capture nearly 60% rental upside with an attractive current cap of over 5.6%

Full Property Details

Full Property Details for 5430 Smiley Dr

General

Sold For: $1,375,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 25631731
Added to Site: 110 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 9

Bedrooms

Total Bedrooms: 11

Additional Information

Other Features: None

Parking

Covered Spaces: 2
Garage Description: Tandem, Parking Space, Driveway

Location

Area: Mid Los Angeles
County: Los Angeles
Driving Directions: East of Hauser Blvd, South of Geer Ave.

Heating & Cooling

Cooling Type: None
Heating Type: Other

Structural Information

# Buildings: 3
Stories/Levels: 2
Square Feet: 4,849
Sq. Ft. Source: Vendor Enhanced
Year Built: 1961
Year Built Source: Vendor Enhanced

Unit Information

Units in Complex: 9
Unit Type: 2106, 2107

Unit 1

Total Bathrooms: 1
Bedrooms: 1

Unit 2

Total Bathrooms: 1
Bedrooms: 2

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 0.2204
Lot Size: 9601
Lot Size Source: Assessor
Lot Dimensions: 80 x 120
Zoning: LARD1.5

Financial Considerations

Price Per Sq. Ft.: $319.65
Assessment Year: 1961

Disclosures and Reports

Disclosures/Reports: Concurrent Close, Owner Has R.E. License, Subject To Other
APN: 5043-019-005

Listed by Link Brokerages, Coby Chatwin and Link Brokerages, Andrew Malekie
Sold by Century 21 Allstars, Giovanna Cervantes Villasenor

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Listing agents

— 5430 Smiley Dr —

Coby Chatwin

Link Brokerages
Andrew Malekie

Link Brokerages

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Schools

Schools serving 5430 Smiley Dr

School District:Los Angeles Unified School District

Name	Grades	Distance
Marvin Elementary School, Los Angeles, CA 2411 South Marvin Avenue, Los Angeles, CA 90016	K-5	0.5 mi
Daniel Webster Middle School 11330 Graham Place, Los Angeles, CA 90064	7-8	4.2 mi
Susan Miller Dorsey Senior High School 3537 Farmdale Avenue, Los Angeles, CA 90016	9-12	1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5430 Smiley Dr

Date

Details

Price

Change

Source

4/03/2026

Sold

$1,375,000

-11.29%

MLS

1/21/2026

Price Reduced

$1,550,000

-5.27%

MLS

12/30/2025

Listed

$1,636,310

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5430 Smiley Dr, Los Angeles, CA 90016 (MLS# 25631731) is a Multi-Family property that was sold at $1,375,000 on April 03, 2026. Want to learn more about 5430 Smiley Dr? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

5430 Smiley Dr Los Angeles, CA 90016