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$1,370,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
  • Updated 8 days ago
See This Home
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5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. A savvy investor will have the opportunity to increase the building's value by exploiting its huge rental upside by way of future tenant turnover, capital improvements, and optimizing expenses. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. Numerous upgrades such as security camera installation, vinyl windows, a newer roof and water line, and exterior paint have been made for lower maintenance ownership. There is ample tenant parking, owned communal laundry machines, and a storage room that could be rented or retained for the owner's use. Lastly, the 7,200 square foot lot is 50% larger than the standard 4,800 square foot lot for the area. Superbly located just steps away from the heart of the West Adams commercial corridor, 5511 Smiley Drive provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 83 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Westside Neighborhood Park, Marvin Avenue Elementary, and Hamilton High School. Public transit is also easily accessible at the La Cienega/Jefferson Metro station at just 0.7 miles away. With 5511 Smiley, investors can hedge against inflation, leverage tax advantages, and add more value.

Full Property Details for 5511 Smiley Dr

General

  • Sold For: $1,370,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25557631
  • Added to Site: 250 day(s) ago

Interior

  • Flooring: Laminate, Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: Community, Room

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Other Features: Other

Parking

  • Covered Spaces: 3
  • Garage Description: Assigned, Tandem, Side By Side, Carport

Location

  • Area: Mid Los Angeles
  • County: Los Angeles
  • Driving Directions: On Smiley and Hauser between Adams and Jefferson.
  • Direction Faces: South

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Gas

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • # Buildings: 1
  • Exterior Const.: Frame, Stucco
  • Basement Desc.: Slab
  • Foundation: Slab
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 5,670
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1964
  • Year Built Source: Vendor Enhanced
  • Property Condition: Fixer, Repairs (Major), Repair Cosmetic, Updated/Remodeled

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: Other

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1652
  • Lot Size: 7198
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 60 x 120
  • Lot Features: City
  • Zoning: LARD2

Financial Considerations

  • Price Per Sq. Ft.: $255.73
  • Assessment Year: 1964

Disclosures and Reports

  • Disclosures/Reports: As Is, Rent Control
  • APN: 5048-024-026

Listed by Jordan Peikin, Jordan Peikin
Sold by Non-Participant Office, Subscriber Non

Listing agent

— 5511 Smiley Dr —

  • Jordan Peikin

    Jordan Peikin

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5511 Smiley Dr

School District:Los Angeles Unified School District
NameGradesDistance
Marvin Elementary School, Los Angeles, CA
2411 South Marvin Avenue, Los Angeles, CA 90016
K-50.4 mi
Daniel Webster Middle School
11330 Graham Place, Los Angeles, CA 90064
7-84.1 mi
Alexander Hamilton Senior High School
2955 South Robertson Boulevard, Los Angeles, CA 90034
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5511 Smiley Dr

Date
Details
Price
Change
Source
2/23/2026
Sold
$1,370,000
-5.52%
MLS
7/13/2025
Price Reduced
$1,450,000
-2.68%
MLS
6/27/2025
Listed
$1,490,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Jordan Peikin, Jordan Peikin
Sold by Non-Participant Office, Subscriber Non

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5511 Smiley Dr, Los Angeles, CA 90016 (MLS# 25557631) is a Multi-Family property that was sold at $1,370,000 on February 23, 2026. Want to learn more about 5511 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.