5326 Smiley Dr , Los Angeles, CA 90016
$950,000
Est. Payment: $5,073.66/mo
2 Bed
1 Bath
872 Sqft
Status: Active | Days on site: 118
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CLW-B0835904 - CLW-C113664
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House Description

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 for only Lot 1, 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.

Highlights

Listed by Ari Wintraub , 310-428-5045 Sotheby's International Realty , 310-481-6262. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.11

Year Built

1924

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26829999

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Floor:Tile

Exterior Features

Lot:No Land Lease
Lot Dimensions:40x120
Garage Capacity:0
Zoning:LARD1.5
Others:
  • Additional:Has ADU
Parking Features:Driveway
Principal Interest
$5,074
Taxes
$606

Home Price

$950,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,073.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,073.66 $605.63 $0.00 $5,679.29
Yearly $60,883.98 $7,267.50 $0.00 $68,151.48
Total $1,826,519.37 $218,025.00 $0.00 $2,044,544.37

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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