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Listed by: Ari Wintraub (310) 428-5045 DRE #01943483 | Sotheby's International Realty (310) 481-6262
$950,000
2 Beds
- 1 Bath
1 full bath
872sqft
5326 Smiley Dr, Los Angeles, CA 90016
$950,000
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Single Family Residence
Built in 1924
$-- HOA
4,802 sqft lot
$1,089/sq.ft
Description
Located in a premier Opportunity Zone in the heart of West Adams, this LARD1.5-zoned parcel offers a rare, SB 8-exempt, and non-rent-controlled development opportunity with a streamlined path to market-rate construction. This is for only Lot 1, as seen in photos, provides an opportunity to build a "by-right" triplex, plus the addition of an ADU yields a fourplex in one of the nation's fastest-growing sub-markets. Capitalize on the immense demand from expanding nearby offices for Apple, Amazon Studios, and HBO. Future residents will enjoy easy access to Whole Foods, Mizlala, the newly opened Maydan Market, and all the trendy destinations along Adams Blvd. The site is uniqu...
Continue ReadingProperty Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
872 sqft
Lot Size
4,802 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26829999
MLS Status
Active
Days on Market
35
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