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Listed by: Jordan Peikin (310) 467-5167 DRE #02015987 | Jordan Peikin (310) 467-5167
$1,450,000
11 Beds
- 8 Baths
5,670sqft
5511 Smiley Dr, Los Angeles, CA 90016
$1,450,000
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Multi Family
Built in 1964
$-- HOA
7,198 sqft lot
$256/sq.ft
Description
5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. A savvy investor will have the opportunity to increase the building's value by exploiting its huge rental upside by way of future tenant turnover, capital improvements, and optimizing expenses. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. Numerous upgrades such as security camera installation, vinyl windows, a newer roof and water line, and exterior paint have been made for lower maintenance ownership. There is ample tenant parking, owned communal laundry machines, and a storage room that could be rented or retained for th...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
5,670 sqft
Lot Size
7,198 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25557631
MLS Status
Pending
Days on Market
172
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