5607 Smiley Dr, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath
5607 Smiley Dr
Los Angeles, California 90016
Property Price
SUMMARY
Analysis of 5607 Smiley Dr, Los Angeles, California 90016 is currently available with a list price of $975,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1961, the property explicitly 'needs TLC' and requires 'substantial investment for repairs, upgrades, and modernization.' The exterior images show an aged and worn appearance, indicating significant deferred maintenance. While interior details are not provided, the age and description strongly suggest that the kitchen, bathrooms, and other major systems are outdated and require extensive rehabilitation, aligning with the 'poor' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Growth Area
Situated in the highly sought-after La Cienega/Jefferson – West Adams corridor, a vibrant growth area with rising demand, offering proximity to Culver City Arts District, Metro Expo Line, diverse restaurants, Kaiser hospital, Whole Foods, and Downtown LA.
- Significant Income & Expansion Potential
LARD2 zoning allows for multi-unit development, currently configured as a duplex plus a bonus studio, with potential to expand to a four-unit building under new ADU rules, offering strong rental upside.
- Delivered Vacant
The property is delivered vacant, providing immediate flexibility for the new owner to set market rents, occupy units, or proceed with renovations/development without tenant relocation challenges.
CONSRISKS & DEFICIENCIES
- Needs Significant Renovation (TLC)
The property explicitly 'needs TLC,' indicating that substantial investment will be required for repairs, upgrades, and modernization to maximize its value and rental potential.
- Unpermitted Bonus Studio
The bonus studio's permits need verification by the buyer, posing a potential risk for non-compliance, requiring legalization, or facing demolition if unpermitted.
- History of Price Reductions
The property has undergone multiple significant price reductions from its original list price of $1.2M to $975K, which may suggest initial overpricing or market resistance to its current condition/value proposition.
About 5607 Smiley Dr
Incredible Mid-City Investment with Income & Expansion Opportunity! This LARD2-zoned duplex plus bonus studio, needs TLC. Located in the highly sought-after La Cienega/Jefferson – West Adams corridor. Delivered vacant, this 3-unit configuration includes a 2-bedroom, 1-bath front home, a 1-bedroom, 1-bath rear unit above two covered carports, and a bonus studio with bath and kitchenette (buyer to verify permits). This two unit property could also be developed into a four unit building with the new ADU rules. With a 4,799 sq ft lot and 1,924 sq ft of living space, this property offers strong rental upside and excellent flexibility—perfect for investors, developers, or owner-occupants looking to add value. Separate gas and electric meters, driveway parking, and additional street parking provide convenience and functionality. Ideally situated near the Culver City Arts District, Metro Expo Line, West Adams restaurants, Kaiser hospital, Whole Foods, LACES Middle/High School and Downtown LA. This property sits in a vibrant growth area surrounded by redevelopment and rising demand. A rare opportunity to invest, expand, or create your next income-producing project in one of LA’s most dynamic neighborhoods.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1961
- Lot Size
- 4,799 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Marvin Elementary School
Grades K-5 • 0.3 mi
Baldwin Hills Elementary School
Grades K-5 • 0.6 mi
Cienega Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,924 | 2,335.5 | 38% |
| Lot Size | 4,799 | 5,411.5 | 13% |
| Price | $975.0K | $1.04M | 50% |
| Price per sq ft | $507 | $476 | 63% |
| Built year | 1961 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 191 | 38% |
Pricing History
Listed for Sale
Jan 28, 2026
$975,000
$1,000,000
-2% Price Drop
Initial Listing
Price Change
Dec 31, 2025
$1,000,000
$1,050,000
-5% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$1,050,000
$1,175,000
-11% Price Drop
Initial Listing
Price Change
Nov 16, 2025
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$1,200,000
Initial Listing