20 days on rocket

5435 Smiley Dr, Los Angeles, CA, 90016

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5435 Smiley Dr, Los Angeles$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingDriveway, Gated
Year Built1921
HeatingFloor Furnace, Natural Gas
CoolingNone
MLS #PW24072586
Lot Size0.11 Acres
StatusActive

About 5435 Smiley Dr

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.

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Email: sj89@kw.com
  • Listing Agent: Stephen Jeong

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway, Gated

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Daniel Webster Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Marvin Elementary School, Public Magnet Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: CLA

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $5,559
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5435 Smiley Dr vs Los Angeles

20 DAYS ON ROCKET

-14 Days

$1,000,000

+$13.5K More

KEY TAKEAWAY

This property is $13.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24072586

Listing Office:

  • Office Name: Keller Williams Realty Irvine
  • Office Email: sj89@kw.com
  • Listing Agent: Stephen Jeong

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 12:55:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2008Home Sold
$370,000
Jan 11, 2005Home Sold
$380,000
Nov 26, 1997Home Sold
$100,000
Jul 13, 1995Home Sold
$164,000
May 26, 1995Home Sold
$98,000
Mar 10, 1992Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,559$448,978
2020$5,397$444,376
2019$5,312$435,664
2018$5,200$427,122
2017$5,200$418,748

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5674986
6
/10

  • Marvin Elementary School

  • 2411 S Marvin Ave

  • 0.44 miles

  • Public Magnet Grades KG-5

school-card-donut-5674987
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.92 miles

  • Public Magnet Grades KG-6

school-card-donut-5674988
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.43 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5674989
4
/10

  • Daniel Webster Middle School

  • 11330 Graham Pl

  • 4.13 miles

  • Public District Grades 6-8

school-card-donut-5674990
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.89 miles

  • Public District Grades 6-8

High School

school-card-donut-5674991
1
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 1.03 miles

  • Public Magnet Grades 9-12

school-card-donut-5674992
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.64 miles

  • Public Magnet Grades 9-12

school-card-donut-5674993
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.74 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,394. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90016›5435 Smiley Dr

This home is located at 5435 Smiley Dr in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This home, which was built in 1921, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $1,000,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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