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 promises 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.
Off market
$476,455
5435 Smiley Dr, Los Angeles, CA 90016
--beds
--baths
1,873sqft
Triplex
Built in 1921
-- sqft lot
$-- Zestimate®
$254/sqft
$3,857 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2025 at 05:26am
Source: CRMLS,MLS#: PW24072586
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- Floor Furnace, Natural Gas
Cooling
- None
Appliances
- Laundry: Inside, Laundry Closet, See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,873
- Total interior livable area: 1,873 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Gated
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 4,807 sqft
- Features: Level
Details
- Parcel number: 5043018021
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Composition,Tile
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 3750
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange