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5330 Smiley Drive

Los Angeles, CA 90016
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Bed 2

Bed

Bath 1

Bath

SqFt817

Sqft

SqFt4,800

Sqft(Lot)

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 only for Lot 2, 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 1 6 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.

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Detail Ic Property Details

Property Type : Residential

Price : $950,000

AD Id : 78043636

MLS Id : 26830009

Beds : 2

Lot Size : 4,800 Sqft

Living Area Size : 817

Year Built : 1947

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Fireplace: None Flooring: Tile Furnished Description: Unfurnished
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1947 Building Area Total: 817
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1102 Lot Size Dimensions: 40x120
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 4800

  • Listing Price Information

    Original List Price: 950,000 Listing Contract Date: 2026-05-07
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5043016003

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 3308 Directions: Maps Zoning: LARD1.5 Source Property Type: Residential Area: C16 - Mid Los Angeles Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 79 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 817 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2219 Crenshaw Boulevard, Los Angeles, CA, 90016 $1,695,000 10 -- 6,236 6,236 SqFt
2251 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,395,000 16 -- 9,000 9,000 SqFt
2136 S Victoria Avenue, Los Angeles, CA, 90016 $1,300,000 5 3 2,636 2,636 SqFt
4400 W Washington Boule.., Los Angeles, CA, 90016 $1,899,000 16 -- 5,624 5,624 SqFt
1946 Hillcrest, Los Angeles, CA, 90016 $949,000 2 1 1,507 1,507 SqFt
2025 West Boulevard, Los Angeles, CA, 90016 $1,098,000 3 2 1,769 1,769 SqFt
3809 W 30th Street, Los Angeles, CA, 90016 $1,180,000 6 -- 5,213 5,213 SqFt
1934 Vineyard Avenue, Los Angeles, CA, 90016 $1,379,000 3 2 2,042 2,042 SqFt
2826 Somerset Drive, Los Angeles, CA, 90016 $1,095,000 3 -- 2,083 2,083 SqFt
3018 S Victoria Avenue, Los Angeles, CA, 90016 $850,000 3 1 1,550 1,550 SqFt

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ByOwner last updated this listing 06/09/2026 @ 19:20

MLS: 26830009 LISTED BY: Ari Wintraub, Sotheby's International Realty 310-481-6262 SOURCE: CRMLS

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