$1,100,000
5435 Smiley Drive, Los Angeles CA 90016
Multi-Family (Duplex)
Property type
1 day
On market
$667
Price per sqft
1 car
Garage
1921
Year built
4,807 sqft
Lot size
Open Houses
Overview
5435 Smiley Dr is a duplex property with FULLY DETACHED units consisting of 2BD/2BA/977sf front unit and a 2BD/1BA/671sf back unit in the heart of trendy West Adams. Live in one unit and rent out the other, move the entire extended family onto one property, or rent out both as income properties - the choice is yours! With a detached garage ideal for an ADU conversion and zoned...
Listing provided by: Stephen Jeong DRE #01967125 714-309-2708, Keller Williams Realty Irvine
Listing updated: Jun 5, 2026 at 01:32pm.
Last checked: Jun 5, 2026 at 02:00pm
Source: CRMLS #PW26121161
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $1,950 | $1,950 | $3,200 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,800 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 2
Total Actual Rent: $3,750
Financial Snapshot
Gross Rent Multiplier
15.3x
List Price / Annual Gross Rent
Cap Rate
4.66%
NOI / List Price
Gross Scheduled Income: $72,000
Vacancy Allowance Rate: 2%
Operating Expense: $20,732
Net Operating Income: $51,268
Annual Operating Expenses
Electric: $500
Fuel: $0
Insurance: $1,500
New Taxes: $11,994
Trash: $1,250
Water / Sewer: $1,250
Interior
Cooling: None
Heating: Floor Furnace, Natural Gas
Laundry: Inside, Laundry Closet
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Roof: Composition, Tile
Common Walls: No Common Walls
Lot Features: Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Garage and Parking
Parking: Driveway, Gated
Garage Spaces: 1
Uncovered Spaces: 5
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5043018021
Additional Parcels: No
Tax Lot: 234
Zoning: LARD1.5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 5435 Smiley Drive, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$880,000
Total Interest
$1,122,391
Total Payment
$2,002,391
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,858
per month
Property History for 5435 Smiley Drive
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
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