34.028778 -118.36238

5424 Smiley Drive LOS ANGELES, CA 90016

285039104 34.028778 -118.36238 124 /listing/285039104-150132049/5424-smiley-drive-los-angeles-ca-90016 False 0 2150000.0 105 BB20246331 False
  • $2,150,000
  • 4,801 lot
  • Est payment $11541.66/mo

Property & Neighborhood Info

Courtesy Of Elizabeth Maddox, The 2-4 Unit Specialists

Multi-Family in Los Angeles

5424 Smiley is a sleek, impressively constructed 2020/2021 triplex 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), and the Cumulus development. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants!This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,850 projected rent) and a duplex in the rear containing two 3 bedroom, 3 bathroom units ($3,900 projected rent for each unit). In addition to its prime central location, 5424 Smiley boasts countless other perks including: a remarkable 5.41% cap rate, NO RENT CONTROL, a 1 year builder's warranty, little to no maintenance, separate meters for gas, water & electric, laundry hookups in each unit, stainless steel appliances, high quality finishes, upscale modern kitchens, stunning bathrooms and extremely spacious, open floorplans.

Courtesy Of Elizabeth Maddox, The 2-4 Unit Specialists
  1. 4,801 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 2020
  • Garage: 6.0
  • Floors: 1
  • County: LOS ANGELES
  • Units: 3
  • Zoning: LARD1.5
  • MLS Number:BB20246331

Additional Features

  • Cooling:
    • Central Air
  • Flooring:
    • Laminate
    • Tile
  • Interior Features:
    • Balcony
    • Living Room Balcony
    • Open Floorplan
    • Recessed Lighting
  • Rooms:
    • Kitchen
    • Living Room
    • Master Bathroom
    • Master Bedroom
    • Walk-In Closet
  • Laundry:
    • Gas Dryer Hookup
    • Inside
    • Washer Hookup
  • Appliances:
    • Dishwasher
    • Gas Range
    • Microwave
    • Refrigerator
  • Fireplace:
    • None
  • Architecture:
    • Modern
  • Common Walls:
    • 1 common wall
    • No one above
    • No one below
  • Levels:
    • Three Or More
  • Property Subtype:
    • Triplex
  • Roof:
    • Flat
  • View:
    • City Lights
    • Neighborhood
  • Water Source:
    • Public
  • Year Built Source:
    • Builder
  • Condition:
    • Turnkey
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Landscaped
    • Level
    • Level with Street
  • Pool Features:
    • None
  • Parking Spaces:
    • 6.00
  • Heating:
    • Central
  • Sewer:
    • Public Sewer
  • Road Surface:
    • Paved
  • Community Features:
    • Curbs
    • Sidewalks
    • Street Lights
  • Number of Buildings:
    • 2
  • Road Frontage:
    • City Street
  • Gross Income:
    • 12650.00
  • Net Operating Income:
    • 116286.00
  • CDOM:
    • 0
  • Special Conditions:
    • Standard
  • DOM:
    • 0
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 145728.00
  • Insurance Expense:
    • 1840.00
  • Listing Key:
    • 364988534
  • Lot Size Acres:
    • 0.1102
  • Lot Size Square Feet:
    • 4801.00
  • Maintenance Exp:
    • 1200.00
  • Number Of Units Leased:
    • 0
  • Operating Expense:
    • 29442.00
  • Price Per SQFT:
    • 467.39
  • Price Per Unit:
    • 716667
  • Tax ID:
    • 5043019003
  • Total Expenses:
    • 29442.00
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
TODD PICCONI
TODD PICCONI
Your Real Estate Professional
7211 N. Haven Avenue, Suite #E442 Alta Loma CA 91701
Request More Info
34.028778 -118.36238

5424 Smiley Drive LOS ANGELES, CA 90016

285039104 34.028778 -118.36238 124 /listing/285039104-150132049/5424-smiley-drive-los-angeles-ca-90016 False 0 2150000.0 105 BB20246331 False
  • $2,150,000
  • 4,801 lot
  • Est payment $11541.66/mo