Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Bedrooms
- 3
- Building size
- 2,265 sqft
- Lot size
- 4,800 sqft
- Year built
- 1933
- Stories
- 1
- Style
- Contemporary
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 179
- MLS #
- 238992513
About this property
Rare opportunity in the heart of West Adams. Includes 3 addresses: 5416, 5418, and 5418 1/2. Completely remodeled in 2022, this duplex with 1bed ADU income property is perfect for investors and owner-users alike. Generating market value $8200 in monthly income potential. 5416 is a 2bed + 1bath in 636sf, currently rented and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 is a 2bed + 2bath in 1111sf, also currently rented, and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking, small garden area by front entrance and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 1/2 is a 1bed ADU with private patio space, wide plank vinyl flooring, mini split HVAC, vinyl windows, and in unit stackable laundry. Close to well known neighborhood local small business eats like Open Face Food Shop, Mizlala, Alta, Normandie Bakery, Fleur et Sel, Highly Likely, Delicious Pizza, Chulita, Damn I Miss Paris, muso, Vicky's All Day, and Maydan Market. Short stroll to Westside Neighborhood Park, Whole Foods, the Metro, with close access to the fwy, downtown, as well as other neighborhood favorites like Persona, Divine Glow Esthetics, Antiqua, Hills & Heights Pilates, Good Mother, Pascals Printing, and the Blending Lab. Explore nearby tranquil LPRC Park, and neighborhood gems like Peace Awareness Labyrinth & Gardens. This location truly has it all!
Location
5418 Smiley Drive
Los Angeles, Los Angeles, CA, 90016