5511 Smiley Dr
Los Angeles, CA 90016

Bd   — Ba   5,670 Sqft
Subject property is located on a charming street. Partially rehabbed 7 unit two story building in the West Adams District. All units are tenant occupied. Property has new paint, partial upgraded copper plumbing, and some upgraded windows. 7 off street parking spaces. Income producing laundry room. Great upside potential. Subject to Los Angeles Rent Control. Close to the freeways and houses of worship. Walking distance to La Cienega and Jefferson Expo Line where there is going to be a supermarket and shopping center approved for construction. For art lovers, Gallery 38 is opening this year nearby. Near Crenshaw Mall and Kaiser Permanente Hospital. Gentrified neighborhood, great appreciation for future land value. Near Culver City Art District.
  • Neighborhood: West Adams
  • Days on Movoto: 238
  • Year Built: 1964
  • HOA: $0 HOA
  • $/Sqft: $234
  • Lot: 7,196 Sqft
  • Property Type: Multi Family
  • MLS#: 16114256
  • MLS:
  • Listing Office: Berkshire Hathaway HomeService
  • Listed By: Rinde Philippe
  • Movoto last checked CRMLS for new data 4 hours ago
  • CRMLS last updated this listing 6 months ago

Home Features for 5511 Smiley Drive, Los Angeles

Overview
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Property History for 5511 Smiley Drive, Los Angeles

Status
Date
Price
Sold
Dec 5, 2016
$1,325,000
Active Under Contract
Oct 10, 2016
Price Change
Sep 2, 2016
$1,350,000
Price Change
Jul 19, 2016
$1,395,000
Listed
Apr 11, 2016
$1,450,000
#16114256
Sold
Jul 22, 2013
$830,000
Listed
Apr 24, 2013
$830,000
#13668233
5511 Smiley Dr in 90016 was last listed for $1,325,000. As of today, , this is 39% above the current median price of $950,000 for the city of Los Angeles, CA and 84% above the median of $719,000 for ZIP code 90016. Right now, there are 31 properties for sale in 90016 and 2,246 properties listed for sale in Los Angeles. Those 2,246 properties are made up of 1,567 single family homes and 679 condos. The square footage of 5511 Smiley Dr is approximately 5,670, which is 241% above the median size of 1,661 Sqft in Los Angeles and 279% above the median size of 1,498 square feet in ZIP code 90016. This property's price per square foot was $234, which is 53% below the current $493 median in 90016 and 62% below the $611 Los Angeles median.
Built in 1964, this multi family house at 5511 Smiley Dr, Los Angeles CA, 90016 is approximately 5,670 square feet and comes with 7 parking spots. It was last listed with a cost per Sqft of $234. 5511 Smiley Dr is located in the West Adams neighborhood in the Los Angeles Unified School District. The closest school is Marvin Elementary School.

5511 Smiley Dr, Los Angeles CA, 90016 was on the market for 238 days. The median days on the market for properties in this area is 41 with a median list price of $950,000 and median cost per square foot of $611. Its current status is sold under the MLS #16114256.

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