5330 Smiley Dr Los Angeles, CA 90016
West Adams NeighborhoodEstimated payment $5,893/month
Highlights
- Traditional Architecture
- No HOA
- Tile Flooring
- Marvin Avenue Elementary School Rated 9+
- Living Room
- 1-Story Property
About This Home
Located in a premier Opportunity Zone in the heart of West Adams, this LARD1.5-zoned parcel offers a rare, SB 8-exempt, and non-rent-controlled development opportunity with a streamlined path to market-rate construction. This is only for Lot 2, as seen in photos, provides an opportunity to build a "by-right" triplex, plus the addition of an ADU yields a fourplex in one of the nation's fastest-growing sub-markets. Capitalize on the immense demand from expanding nearby offices for Apple, Amazon Studios, and HBO. Future residents will enjoy easy access to Whole Foods, Mizlala, the newly opened Maydan Market, and all the trendy destinations along Adams Blvd. The site is uniquely positioned as a standalone project or as part of a strategic five-lot assembly totaling a half-acre with plans for 16 small-lot homes. Unlike many central LA developments, this project requires no low-income set-asides or replacement units, allowing for 100% market-rate rental or sales potential. This is an ideal acquisition for developers seeking a high-margin exit or a stable, long-term hold in Los Angeles' most dynamic growth hub.
Home Details
Home Type
- Single Family
Year Built
- Built in 1947
Lot Details
- 4,800 Sq Ft Lot
- Lot Dimensions are 40x120
- Property is zoned LARD1.5
Parking
- Driveway
Home Design
- Traditional Architecture
Interior Spaces
- 817 Sq Ft Home
- 1-Story Property
- Living Room
- Tile Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5043-016-003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,855 | $821,915 | $657,532 | $164,383 |
| 2024 | $9,855 | $805,800 | $644,640 | $161,160 |
| 2023 | $9,667 | $790,000 | $632,000 | $158,000 |
| 2022 | $580 | $40,360 | $22,143 | $18,217 |
| 2021 | $565 | $39,569 | $21,709 | $17,860 |
| 2019 | $550 | $38,397 | $21,066 | $17,331 |
| 2018 | $527 | $37,645 | $20,653 | $16,992 |
| 2016 | $496 | $36,185 | $19,852 | $16,333 |
| 2015 | $490 | $35,642 | $19,554 | $16,088 |
| 2014 | $502 | $34,944 | $19,171 | $15,773 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $950,000 | +20.3% | $1,163 / Sq Ft | |
| 12/29/2022 12/29/22 | Sold | $790,000 | +0.6% | $967 / Sq Ft | View Prior Sale |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- | |
| 12/08/2022 12/08/22 | For Sale | $785,000 | -- | $961 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $790,000 | Corinthian Title | |
| Transaction History Record | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: The MLS
MLS Number: 26830009
APN: 5043-016-003
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Ask me questions while you tour the home.