$1,000,000 Price Analysis   ♡   Los Angeles, CA 90016 5 bed 4 bath 1,873 SqFt ($533/SqFt) 4,807SqFt lot. Built 1921 Listed 2024-04-12, Taxes $5,634 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
5435 Smiley Dr is a triplex consisting of a 2BD/2BA/977sf front unit
A middle efficiency studio unit and a back 2BD/1BA/671sf unit in the heart of trendy West Adams. Substantial upside in rents (pro-forma 7% cap) and zoned LARD1.5 in TOC tier 3 allowing for increased density and FAR bonuses, this property presents an exceptional opportunity for owner occupancy and promiss to be a developer's dream.
The middle unit has recently undergone full renovation and the front and back unit both have updated kitchens, bathrooms, flooring and individual laundry. Front and back units are separately metered for electricity and gas. Drive-by only, please do not disturb residents.
Presented by Stephen Jeong at
Keller Williams Irvine.
Property MLS #PW24072586 from CRMLS
Heating: Yes
Lot Size Acres: 0.1103535
Lot Size Source: Assessor
Lot Size Square Feet: 4807
Parking Total: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Rent Control: Yes
Source Listing Status: Active
County: Los Angeles
Cap Rate: 7.11
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
New Taxes Expense: 11994.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5043018021
Postal Code Plus 4: 3309
Trash Expense: 1250.00
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $86,636 + $371,320 $457,956 | $5,634 |
| 2021 | $84,938 + $364,040 $448,978 | $5,559 |
| 2020 | $84,068 + $360,308 $444,376 | $5,613 |
| 2019 | $82,420 + $353,244 $435,664 | $5,397 |
| 2018 | $80,804 + $346,318 $427,122 | $5,312 |
| 2017 | $79,220 + $339,528 $418,748 | $5,199 |
| 2016 | $77,667 + $332,871 $410,538 | $5,075 |
| 2015 | $76,501 + $327,871 $404,372 | $5,003 |
| 2014 | $75,003 + $321,449 $396,452 | $5,031 |
| 2013 | $74,665 + $319,997 $394,662 | $5,026 |
| 2012 | $73,201 + $313,723 $386,924 | $5,092 |
| 2010 | $71,766 + $307,572 $379,338 | $4,991 |
| 2009 | $71,400 + $306,000 $377,400 | $4,806 |
| 2009 | $71,230 + $305,274 $376,504 | $4,806 |
| 2008 | $50,000 + $475,000 $525,000 | $6,446 |
| 2007 | $156,060 + $338,130 $494,190 | $5,914 |
$1,000,000
CRMLS
Sold 2008-06-04
$370,000
ITECH
Listed 2008-02-21
$387,900
ITECH
Sold 2005-01-11
$380,000
Public Record
Sold 1997-11-26
$100,000
Public Record
Sold 1995-07-13
$164,000
Public Record
Sold 1995-05-26
$98,000
Public Record
Sold 1992-03-10
$150,000
Public Record
Sold 1986-12-09
$84,000
Public Record
Sold 1986-04-03
$60,000
Public Record
Year Built: 1921
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 103
Roof: Composition, Tile
Levels or Stories: One
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1250.00
Electricity Connected
Natural Gas Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.