7 months on rocket

5511 Smiley Dr, Los Angeles, CA, 90016

$1,695,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
8 Baths
5,670 SqFt
$299/SqFt
House

Location

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5511 Smiley Dr, Los Angeles$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingAssigned, Carport, Garage, Side By Side, Tandem
Year Built1964
CoolingNone
FireplaceNone
ViewCity Lights
MLS #24378945
Lot Size0.17 Acres
StatusActive

About 5511 Smiley Dr

SELLER MOTIVATED! HUGE UPSIDE!! 5511 Smiley Drive is a 7-unit apartment building situated in the heart of the burgeoning West Adams neighborhood. The property's diverse unit mix consists of one 2+2, three 2+1's, and three 1+1's. The building has had numerous upgrades such as security camera installation, vinyl windows, and a newer roof and exterior paint. There is ample tenant parking as well as owned communal laundry machines and a storage room that could be rented or retained for the owner's use. Lastly, the 7,200 square foot lot is 50% larger than the standard 4,800 square foot lot for the area. Superbly located just steps away from the heart of the West Adams commercial corridor, 5511 Smiley Drive provides residents with many of the great things LA has to offer right outside their front door. The property features a stellar 83 walk score and is central to major employment, freeways, and points of interest alike. Tenants with children have numerous nearby parks and schools to choose from, including Westside Neighborhood Park, Marvin Avenue Elementary, Argo Navis Middle School, and Hamilton High School. Public transit is easily accessible at the La Cienega/Jefferson Metro station 0.7 miles away. With 5511 Smiley, you can hedge against inflation, exploit tax advantages, and add more value.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Stories: 2
  • Living Area: 5,670 SqFt

Listing Office:

  • Office Name: Jordan Peikin
  • Office Phone: (310) 467-5167
  • Listing Agent: Jordan Peikin

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fan(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Assigned, Carport, Garage, Side By Side, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: On Smiley and Hauser between Adams and Jefferson.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $299/SqFt

Tax Information:

  • Annual Amount: $17,795
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

5511 Smiley Dr vs Los Angeles

236 DAYS ON ROCKET

+198 Days

$1,695,000

+$673.4K More

$299/SqFt

-$341 Less

KEY TAKEAWAY

This property is $673.4K more than the Median Sold Price and $341/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24378945

Listing Office:

  • Office Name: Jordan Peikin
  • Office Phone: (310) 467-5167
  • Listing Agent: Jordan Peikin

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 05, 2016Home Sold
$1,325,000
Jul 22, 2013Home Sold
$830,000
Apr 22, 1994Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,795$1,420,666
2020$17,281$1,406,100
2019$17,137$1,378,530
2018$16,736$1,351,500
2017$16,736$1,325,000

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3481635
7
/10

  • Marvin Avenue Elementary

  • 2411 S Marvin Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-3481636
5
/10

  • New los Angeles Charter Elementary School

  • 5421 Obama Blvd

  • 0.52 miles

  • Public Charter Grades KG-5

school-card-donut-3481637
5
/10

  • Baldwin Hills Elementary School

  • 5421 Obama Blvd

  • 0.53 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,069. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5511 Smiley Dr

What is the listing price of this property?

The listing price of 5511 Smiley Dr property is $1,695,000.

What type of property is this?

The property 5511 Smiley Dr is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 5511 Smiley Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,795 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 5, 2016 for $1,325,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5511 Smiley Dr has 11 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 5511 Smiley Dr is 5,670 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5511 Smiley Dr is 1964.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›5511 Smiley Dr

This home is located at 5511 Smiley Dr in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 5,670 square foot home, which was built in 1964, sits on a 0.17 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,695,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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