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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
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
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: 5/23/2024, 9:20:36 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
DATE
EVENT
PRICE
Jun 04, 2008
Jun 04, 2008Home Sold
$370,000
Jan 11, 2005
Jan 11, 2005Home Sold
$380,000
Nov 26, 1997
Nov 26, 1997Home Sold
$100,000
Jul 13, 1995
Jul 13, 1995Home Sold
$164,000
May 26, 1995
May 26, 1995Home Sold
$98,000
Mar 10, 1992
Mar 10, 1992Home Sold
$150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,065
Powered By
Advertisement
NMLS#3030
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
7
/10
Marvin Elementary School
2411 S Marvin Ave
Distance between this listing and this school0.44 miles
Public Magnet Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.92 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.43 miles
Public Magnet Grades 1-5
Middle School
3
/10
Daniel Webster Middle School
11330 Graham Pl
Distance between this listing and this school4.13 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.89 miles
Public District Grades 6-8
High School
2
/10
Susan Miller Dorsey Senior High School
3537 Farmdale Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.64 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.74 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Marvin Elementary School
2411 S Marvin Ave
Distance between this listing and this school0.44 miles
Public Magnet Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.92 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.43 miles
Public Magnet Grades 1-5
Assigned Schools
3
/10
Daniel Webster Middle School
11330 Graham Pl
Distance between this listing and this school4.13 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.89 miles
Public District Grades 6-8
Nearby Schools
4
/10
New Los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school0.82 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Susan Miller Dorsey Senior High School
3537 Farmdale Ave
Distance between this listing and this school1.03 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.64 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school13.74 miles
The neighbors living near this home have an average income of $27,394. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
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. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.