Check Availability
$950,000
● House - For Sale

5326 Smiley Drive

Los Angeles, CA 90016
bedrooms
2 Beds
bathrooms
1 Bath
square feet
872 Ft²
$4,665
Est. Monthly

About This Property

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.
Unit Size
872 Ft²
Days on Market
164 days
Land Size
0.11 acres
Price per sqft
$1,089
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924

Listed By

Ari Wintraub
Sotheby's International Realty

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Last updated: 6 months ago (CLAW #26829999)

Price History

Date / Event Date Event Price
May 7, 2026 Listed by Sotheby's International Realty $950,000
Listed by Sotheby's International Realty

Property Highlights

Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Flooring Type: Tile
Laundry Features: None
Fireplace Features: None
Exterior Details
Square Footage: 872
Architectural Style: Traditional
Year Built: 1924
Building Area Total: 872
Levels: One
Pool Features: None
Lot Size Area: 4802
Lot Size Units: Square Feet
Lot Size Acres: 0.1102
Lot Size Square Feet: 4802
Lot Size Dimensions: 40x120
Utilities Details
Cooling Type: None
Heating Type: Wall Furnace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 872
  • Building Area: 872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DU RAY PLACE
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: DU RAY PLACE LOT/SEC 252

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 219901

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 42-F5
  • Parcel: 5043-016-002
  • Lot: 252
  • Municipality: WEST /ADAMS/CRENSHAW
  • Latitude: 34.0284
  • Longitude: -118.361

    Address

  • Full Address: 5326 Smiley Dr
  • Address - House Number: 5326
  • Address - Street Name: Smiley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C043
  • 4-Digit Zip Code: 3308
  • Zip Code: 90016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $55,533
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 829,663
  • High Value: 885,883
  • Low Value: 773,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,458
  • Assessed Land Value: $22,585
  • Assessed Improvements Value: $13,873

    Sales

  • Current Sale Contract Date: Nov 08, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 896089
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South LA


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Frequently Asked Questions

When was property at 5326 Smiley Drive built and last sold?
The property at 5326 Smiley Drive was built in 1924 and last sold on Nov 8, 2023 for $825,000.
How much is this home worth?
The estimated value of the home located at 5326 Smiley Drive is $936,623.
What are some comparable homes to 5326 Smiley Drive?
There are currently no comparable homes to 5326 Smiley Drive.