5607 Smiley Dr Los Angeles, CA 90016
West Adams NeighborhoodEstimated payment $5,460/month
About This Home
Great Opportunity for Investors and Developers. This two unit property has a separate 2bedroom 1bath front unit and very large 1 bedroom 1 bath unit upstairs over the car ports, laundry room and bonus room. The bonus room also has .75 bath and kitchenette. The 1 bedroom 1 bath could be converted to a 2 bedroom 1 bath unit, and the area beneath the 1 bedroom 1 bath could possibly be converted to a 2 bedroom 1 bath unit directly underneath. This property could be developed into a 3 unit building with all units becoming 2 bedrooms and 1 bath. The rents in the area are $2,800 - $3,500 per.
Listing Agent
Inheritance Realty Inc. Brokerage Phone: 310-463-9569 License #01055721 Listed on: 05/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 4,801 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,924 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in Garage
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Tax Lot 209
- Tax Tract Number 219902
- Assessor Parcel Number 5048025028
- $353 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $1,360
- Water Sewer Expense $1,500
- Operating Expense $5,860
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,288 | $87,499 | $33,928 | $53,571 |
| 2025 | $1,288 | $85,784 | $33,263 | $52,521 |
| 2024 | $1,248 | $84,103 | $32,611 | $51,492 |
| 2023 | $1,232 | $82,455 | $31,972 | $50,483 |
| 2022 | $1,186 | $80,840 | $31,346 | $49,494 |
| 2021 | $16,648 | $79,256 | $30,732 | $48,524 |
| 2020 | $16,653 | $78,444 | $30,417 | $48,027 |
| 2019 | $16,617 | $76,907 | $29,821 | $47,086 |
| 2018 | $16,542 | $75,400 | $29,237 | $46,163 |
| 2016 | $985 | $72,473 | $28,102 | $44,371 |
| 2015 | $972 | $71,385 | $27,680 | $43,705 |
| 2014 | $990 | $69,987 | $27,138 | $42,849 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/06/2026 08/06/26 | Price Changed | $975,000 | +14.7% | $507 / Sq Ft |
| 07/31/2026 07/31/26 | Sold | $850,000 | -12.8% | $442 / Sq Ft |
| 05/05/2026 05/05/26 | For Sale | $975,000 | -- | $507 / Sq Ft |
| 05/05/2026 05/05/26 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,455,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $727,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $385,000 | Negative Amortization | |
| Closed | $333,000 | Negative Amortization | |
| Closed | $300,000 | New Conventional | |
| Closed | $252,000 | Unknown | |
| Closed | $212,000 | Unknown | |
| Closed | $167,700 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26097682
APN: 5048-025-028
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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. Properties may or may not be listed by the office/agent presenting the information
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