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5424 Smiley Drive

Los Angeles, CA 90016

– beds
– baths
– sqft
4,801 sqft lot
2021 build
– on site

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Welcome to 5424 Smiley Dr: **1 UNIT IS NOW RENTED-SIGNED LEASE IN PLACE FOR $4,750.00* PLUS UNIT #2 (3 BDR 3 BATH) IS NOW LEASED-SIGNED LEASE IN PLACE FOR $3,500.00 You won't find a better condo living alternative than this Contemporary 3 Unit NEW CONSTRUCTION property built in 2020 consisting of 3-story Units situated in one of the most exciting neighborhoods: MID CITY-WEST ADAMS! Everywhere you look there are new ventures & growth, walking distance to the Culver City Arts District. This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in within 5-7 minutes of this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Apple's Culver City Campus, and the Cumulus District Residences ideal for live, work and play. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants or simply live in 1 and rent the other 2-endless possibilities. This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,750 projected-leased) and a duplex in the rear containing two 3 bedroom, 3 bathroom units with all the modern amenities, central ac/heat and appliances including washer and dryer hook ups inside each garage. This design choice is invaluable to Tenants who appreciate having their own separate outdoor space including the convenience of not having to share parking. Centrally located to public transportation & major freeways! We welcome your 1031 exchange here, this property offers investors the freedom of NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty & the ease of owning a hassle-free 2020 construction with the Certificate of Occupancy issued 4/2021. Do not miss out on this opportunity: instant cash flow at close of escrow!

Listed By CRMLS_CA / XIO SANDOVAL / CENTURY 21 REALTY MASTERS

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# MB21083203 —

The Building

Year Built:

2021
Year Built Source:

Builder
New Construction:

Yes
Architectural Style:

Modern
Roof:

Flat
Common Walls:

1 Common Wall, No One Above, No One Below
Building Area Total:

4600.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

3
# of Separate Gas Meters:

3
# of Separate Water Meters:

3
# of Separate Electric Meters:

3

Interior

Features:

Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting
Levels:

Three Or More
Flooring:

Laminate, Tile
Room Type:

Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, In Garage, Inside, Washer Hookup
Laundry:

1

Location

Directions:

On Smiley, South of the 405
Latitude:

34.02877600
Longitude:

-118.36238400

The Property

Subtype:

Triplex
Property Condition:

Turnkey
Zoning:

LARD1.5
Lot Features:

Landscaped, Level with Street, Level
Lot Size Area:

4801.0000
Lot Size Acres:

0.1102
Lot Size SqFt:

4801.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2199.01
Taxes Percent:

1.20
Tax Tract:

67
Tax Lot:

264

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

5043019003

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Gas Range, Microwave, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Curbs, Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

6.00

Extra Units

Average 3 Bed Area:

1400
Number With Disposal:

3
Number With Dishwasher:

3
Number With Refrigerator:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
6/23/21 Jun 23, 2021	Sold	CRMLS_CA	$2,075,000	-1.1%
6/7/21 Jun 7, 2021	Pending	CRMLS_CA	$2,099,000
5/10/21 May 10, 2021	Sold Subject To Contingencies	CRMLS_CA	$2,099,000

Multifamily Sold on 6/23/2021

$2,075,000

Listing provided by broker:

XIO SANDOVAL

CENTURY 21 REALTY MASTERS

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Listing Courtesy of: CRMLS_CA and CENTURY 21 REALTY MASTERS. Based on information from California Regional Multiple Listing Service, Inc. as of 07:04 on May 06.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

5424 Smiley Drive

Los Angeles, CA 90016