5514 Smiley, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath
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Los Angeles, California 90016
This Centrally Located Residential Home is listed at $849,999 against a $740,501 Fair Market Value, reflecting the premium demand for turnkey assets in this high-growth corridor. With a Condition Rating of 4, the interior features updated flooring and fresh paint, providing a turnkey transition for those seeking a manageable footprint. While the 828-square-foot layout is compact, the nearly 4,800-square-foot lot offers significant Expansion Potential for an ADU. Zoned for Los Angeles Unified schools, this property is a strategic choice for first-time buyers or Owner-Occupants seeking proximity to The Grove and Century City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5514 Smiley Subject | $849,999* List Price | 2 | 1 | 828 | $894 | - |
A 5410 Smiley Sold | $710,000 | 2 | 1 | 940 | $755 | 0.1 mi |
B 2715 Clyde Avenue Sold | $825,000 | 3 | 2 | 1,126 | $733 | 0.2 mi |
C 2134 S Sycamore Avenue Pending | $699,000 List Price | 2 | 1 | 921 | $759 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this home is move-in ready but shows clear signs of age and dated finishes. While the living areas feature updated laminate flooring and fresh paint, the kitchen contains older oak-style cabinetry, basic tile flooring, and a mix of older white and stainless steel appliances. The property appears well-maintained through regular upkeep rather than a comprehensive modern renovation.
The property is exceptionally well-positioned near Los Angeles’ premier lifestyle hubs, including The Grove, Beverly Center, and Century City, offering residents elite access to high-end dining, shopping, and employment centers.
With valuable improvements already in place, this residence offers a turnkey solution for first-time buyers or professionals seeking a manageable and updated living space in a competitive market.
Situated on a nearly 4,800-square-foot lot, the property provides ample outdoor space and significant potential for future square footage expansion or the addition of an ADU to increase total value.
At just 828 square feet, the interior living space is quite compact, which may pose challenges for growing families or those requiring a dedicated home office environment.
The property is zoned for local middle and high schools with lower academic ratings, which could be a deterrent for education-focused families and impact long-term appreciation compared to neighboring districts.
This 2-bedroom, 1-bathroom residence offers comfortable living with valuable improvements already in place. The layout is ideal for first-time buyers, couples, small families, or those looking for a centrally located Los Angeles property with manageable living space. One of the standout features of this property is its proximity to some of Los Angeles’ most recognizable lifestyle destinations. A short drive brings you to The Grove, an iconic outdoor shopping and entertainment destination known for its vibrant atmosphere, popular restaurants, and year-round events. Whether it’s dining out, shopping, or enjoying an evening stroll, The Grove is a favorite destination for locals and visitors alike. Nearby, the Beverly Center offers a high-end retail experience with luxury brands and upscale dining. This landmark shopping center adds prestige and convenience to the surrounding neighborhoods. Also within easy reach is Westfield Century City, featuring modern shopping, premium restaurants, and entertainment options. Century City also serves as a major business and employment hub, further enhancing the value of living nearby. For a world-class luxury experience, residents are just minutes from Rodeo Drive in Beverly Hills—globally recognized for designer boutiques, fine dining, and timeless appeal. Access to Rodeo Drive reinforces the upscale lifestyle potential of this centrally located home.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 828 | 1,409.5 | 4% |
| Lot Size | 4,798 | 5,274 | 24% |
| Price | $850.0K | $1.03M | 33% |
| Price per sq ft | $1.0K | $748 | 91% |
| Built year | 1940 | 1927 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 188 | 11% |
Mar 28, 2026
$849,999
$889,999
-4% Price Drop
Initial Listing
Feb 10, 2026
$889,999
Initial Listing
Jun 8, 2001
$102,000
Public Record