5607 Smiley Dr, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

5607 Smiley Dr, Los Angeles, California 90016 home-pic-0
ACTIVE$1,050,000
5607 Smiley Dr, Los Angeles, California 90016
0Bed
0Bath
1,924Sqft
4,799Lot
Year Built
1961
Close
-
List price
$1.05M
Original List price
$1.2M
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
SB25234407
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.05M(50th), sqft - 1924(50th), beds - undefined(50th), baths - undefined(50th).

Incredible Mid-City Investment with Income & Expansion Opportunity! This LARD2-zoned duplex plus bonus studio, needs TLC. Located in the highly sought-after La Cienega/Jefferson – West Adams corridor. Delivered vacant, this 3-unit configuration includes a 2-bedroom, 1-bath front home, a 1-bedroom, 1-bath rear unit above two covered carports, and a bonus studio with bath and kitchenette (buyer to verify permits). This two unit property could also be developed into a four unit building with the new ADU rules. With a 4,799 sq ft lot and 1,924 sq ft of living space, this property offers strong rental upside and excellent flexibility—perfect for investors, developers, or owner-occupants looking to add value. Separate gas and electric meters, driveway parking, and additional street parking provide convenience and functionality. Ideally situated near the Culver City Arts District, Metro Expo Line, West Adams restaurants, Kaiser hospital, Whole Foods, LACES Middle/High School and Downtown LA. This property sits in a vibrant growth area surrounded by redevelopment and rising demand. A rare opportunity to invest, expand, or create your next income-producing project in one of LA’s most dynamic neighborhoods.

Nearby schools

6/10
Marvin Elementary School
Public,K-50.3mi
6/10
Baldwin Hills Elementary School
Public,K-50.6mi
5/10
Cienega Elementary School
Public,K-50.7mi
5/10
Virginia Road Elementary School
Public,K-51.5mi
4/10
Alta Loma Elementary School
Public,K-51.8mi
3/10
Sixth Avenue Elementary School
Public,K-52.4mi
3/10
Arlington Heights Elementary School
Public,K-52.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.4mi
2/10
Audubon Middle School
Public,6-82.5mi
3/10
Daniel Webster Middle School
Public,6-84.0mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.2mi
6/10
Alexander Hamilton Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
12/11/25
Price Change
$1,050,000-10.6%
11/16/25
Price Change
$1,175,000-2.1%
10/31/25
Listing
$1,200,000
Condition Rating
Poor

Built in 1961, this property is explicitly described as 'needs TLC' and requiring 'Extensive Renovation.' The listing also highlights 'Aging Infrastructure' as a weakness. While no interior images are provided, the exterior photos show an older, unmaintained appearance consistent with a property of this age that has not undergone recent significant renovations. Substantial repairs and rehabilitation are clearly needed, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Significant Development Potential: LARD2 zoning, an existing 3-unit configuration (duplex + bonus studio), and the explicit mention of potential for a 4-unit building under new ADU rules offer substantial expansion and income opportunities.
Strategic & High-Demand Location: Positioned in the desirable La Cienega/Jefferson – West Adams corridor, a vibrant growth area with proximity to major employment centers, cultural districts (Culver City Arts), transit (Metro Expo Line), and essential amenities.
Vacant Delivery for Immediate Action: Being delivered vacant provides immediate flexibility for investors or owner-occupants to commence renovations, redevelop, or select new tenants without existing lease complications.
Strong Value-Add Investment: The property's current condition ('needs TLC') combined with its prime location and development potential presents a clear opportunity for significant value appreciation through strategic improvements.
Independent Utility Management: Separate gas and electric meters for each unit simplify property management and allow for individual tenant billing, enhancing operational efficiency for an income property.

Cons

Extensive Renovation Required: The property explicitly 'needs TLC,' indicating that substantial capital investment will be necessary for repairs, upgrades, and modernization to maximize its potential.
Unverified Bonus Studio Permits: The bonus studio's permit status is unverified, posing a potential risk for buyers who may face compliance issues or additional costs to legalize the unit.
Aging Infrastructure: Built in 1961, the property's age suggests that major systems (plumbing, electrical, roofing) are likely original or outdated, necessitating significant updates to meet modern standards and tenant expectations.

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