5326 Smiley Drive, Los Angeles, CA 90016
5326 Smiley Drive, Los Angeles, CA 90016
5326 Smiley Drive, Los Angeles, CA 90016
8
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$950,000
Est. payment /mo
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2 Beds
1 Bath
872 SqFt
Active

5326 Smiley Drive Los Angeles, CA 90016

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Grant Inaba

Grant Inaba

+1(415) 992-2330

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 872 sqft

Price per Sqft $1,089

MLS Listing ID CL26829999

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1924

Lot Size 4,802 Sqft

Acres 0.1102

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

View Y/N false

View None

Private Pool false

Building

Story 1

Architectural Style Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 5043016002

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Ari Wintraub • Sotheby's International Realty

NEARBY SCHOOL & BUSINESS

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Grant Inaba

Grant Inaba

Agent License ID: 01905199

+1(415) 992-2330

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5326 Smiley Drive

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