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5326 Smiley Drive
Single Family Residence 
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5326 Smiley Drive 
$950,000
Offered at
Los Angeles, CA 90016
Los Angeles County
2
Beds
1
Baths
872
Sq Ft
4,800
Lot Sq Ft
1924
Year Built
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…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- 1/2 bathrooms: 0
Cooling
- Has cooling: No
Features
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 872 sqft
- Total interior livable area: 872 sqft
Property
Parking
- Total spaces: 0
- Parking features: Driveway
Features
- Stories: 1
- Has private pool: No
- Has view: No
Lot
- Size: 0.11 Acres
Details
- Parcel number: 5043016002
- Zoning: LARD1.5
Construction
Type & style
- Home type: Residential
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- Year built: 1924
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: Sotheby's International Realty · Listing Agent: Ari Wintraub · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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5326 Smiley Drive, Los Angeles, CA 90016
951-528-0626
mike@mzhomes.us
mzhomes.us
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