Property Detail

5418 Smiley

Los Angeles CA 90016

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$1,349,000

Status: Active

Property Details

Description

Rare opportunity in the heart of West Adams. Includes 3 addresses: 5416, 5418, and 5418 1/2. Completely remodeled in 2022, this duplex with 1bed ADU income property is perfect for investors and owner-users alike. Generating market value $8600 in monthly income potential. Delivered with the ADU vacant (at current $6100 monthly income). 5416 is a 2bed + 1bath in 636sf, currently rented and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 is a 2bed + 2bath in 1111sf, also currently rented, and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking, small garden area by front entrance and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 1/2 is currently vacant and set up as 1bed ADU with private patio space, wide plank vinyl flooring, mini split HVAC, vinyl windows, and in unit stackable laundry.Close to well known neighborhood local small business eats like Open Face Food Shop, Mizlala, Alta, Normandie Bakery, Fleur et Sel, Highly Likely, Delicious Pizza, Chulita, Damn I Miss Paris, muso, Vicky's All Day, and Maydan Market. Short stroll to Westside Neighborhood Park, Whole Foods, the Metro, with close access to the fwy, downtown, as well as other neighborhood favorites like Persona, Divine Glow Esthetics, Antiqua, Hills & Heights Pilates, Good Mother, Pascals Printing, and the Blending Lab. This location truly has it all!

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