5637 Smiley Drive, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

5637 Smiley Drive, Los Angeles, California 90016 home-pic-0
ACTIVE$949,000
5637 Smiley Drive, Los Angeles, California 90016
0Bed
0Bath
2,313Sqft
4,797Lot
Year Built
1939
Close
-
List price
$949K
Original List price
$995K
Price/Sqft
$410
HOA
-
Days on market
-
Sold On
-
MLS number
SB25191560
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $949.0K(50th), sqft - 2313(50th), beds - undefined(50th), baths - undefined(50th).

Great investment opportunity in Los Angeles! This property features two units plus a legal detached bonus room in the back. The front unit offers 2 bedrooms, 1 bathroom, a spacious living room, dining room, kitchen, and a laundry/mud room conveniently located off the kitchen with direct access to the driveway.. The back unit is a two-story layout: the first level includes a living room, dining room, kitchen with pantry storage, laundry hook-up, and a three-quarter bathroom with a separate sink station. Upstairs, you’ll find an additional living room, 2 bedrooms, and 1 bathroom. The backyard features a storage shed and a covered patio—ideal for outdoor living. Added security elements include window bars, metal security doors, and a gated driveway. Both front and back yards are fully fenced for privacy, and the long driveway provides ample parking for multiple vehicles.

Nearby schools

6/10
Marvin Elementary School
Public,K-50.3mi
6/10
Baldwin Hills Elementary School
Public,K-50.6mi
5/10
Cienega Elementary School
Public,K-50.8mi
5/10
Virginia Road Elementary School
Public,K-51.6mi
4/10
Alta Loma Elementary School
Public,K-51.8mi
3/10
Sixth Avenue Elementary School
Public,K-52.5mi
3/10
Arlington Heights Elementary School
Public,K-52.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.4mi
2/10
Audubon Middle School
Public,6-82.6mi
3/10
Daniel Webster Middle School
Public,6-83.9mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.3mi
6/10
Alexander Hamilton Senior High School
Public,9-121.3mi

Price History

Date
Event
Price
10/11/25
Price Change
$949,000-4.6%
09/03/25
Listing
$995,000
Condition Rating
Poor

Built in 1939, this property shows significant age and a lack of major renovations in recent decades. The kitchens feature outdated cabinets, laminate countertops, and older appliances. Bathrooms are similarly dated with original-style tiling, vanities, and fixtures, including visible wall heaters for heating. Flooring varies between older tiles, worn carpet, and some newer laminate, but none appear modern or high-quality. The exterior shows deferred maintenance with cracked concrete and security bars, suggesting a need for substantial repairs and modernization throughout to meet current living standards and address potential system upgrades (plumbing, electrical, HVAC) as noted in the AI analysis.
Pros & Cons

Pros

Strong Investment Potential: Explicitly marketed as a 'Great investment opportunity' with multiple income streams from two units plus a legal detached bonus room, maximizing rental revenue potential.
Versatile Multi-Unit Configuration: Features a 2-bedroom, 1-bathroom front unit, a 2-story 2-bedroom, 1-bathroom back unit, and a legal detached bonus room, offering flexibility for rental income or multi-generational living arrangements.
Enhanced Security & Privacy: Includes robust security elements such as window bars, metal security doors, a gated driveway, and fully fenced front and back yards, providing a secure and private environment.
Ample Off-Street Parking: A long driveway provides significant parking space for multiple vehicles, a highly desirable and valuable asset in the Los Angeles market.
Dedicated Outdoor Living Space: The backyard features a storage shed and a covered patio, enhancing outdoor living and recreational options for residents.

Cons

Age and Potential for Extensive Updates: Built in 1939, the property likely requires significant investment for modernization, system upgrades (e.g., plumbing, electrical, HVAC), and cosmetic renovations to meet contemporary standards and tenant expectations.
Mixed School District Ratings: While some schools have good ratings, several nearby public schools have lower ratings (2-3), which could be a concern for families prioritizing access to highly-rated educational institutions.
Security Features May Indicate Neighborhood Perception: The necessity for extensive security measures like window bars and metal security doors might suggest a perceived need for heightened security in the area, potentially deterring some prospective buyers or tenants.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state