5401 SMILEY Drive, Los Angeles, CA 90016

About this property

Stylish and updated Mid-Century 4-unit income property in West Adams/Culver City adjacent delivered VACANT! This two story building features all one-bedroom, one-bathroom units, community laundry room, owner storage room, and off-street parking for 5 cars. Each unit has gone through an extensive custom remodel and modernization including updated kitchens, new bathrooms, flooring, plumbing, interior and exterior paint, redone deck, sewer line, appliances, exterior fencing, and more. Current cash flow is approximately $10,000 per month in gross revenue from furnished short-term rentals. Less than one mile from and to Exposition Line stops at Jefferson/La Brea and at Jefferson/La Cienega.

Listing description from the September 2018 sale, as reported to CRMLS.

Sale history

$1,255,000

Sold September 2018 · listed $1,095,000, on market July 2018 · MLS #18362728 · Source: CRMLS

Listing Agent: Derek Lester · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Ari Wintraub · Sotheby's International Realty

$691,000

Sold April 2017 · listed $700,000, on market November 2016 · MLS #OC16740485 · Source: CRMLS

Listing Agent: Jessica Nieto · Listing Office: Brooke Realty · Contact: 949-625-4269 · Bought with: Derek Lester · Sotheby's International Realty

$470,000

Sold November 2013 · listed $529,000, on market September 2013 · MLS #PW13183282 · Source: CRMLS

Listing Agent: Lorena Lomeli · Listing Office: Vision Real Estate · Contact: 562-869-5152 · Bought with: Lorena Lomeli · Vision Real Estate

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