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    5424 Smiley Drive

    Los Angeles, CA 90016
    • $2,099,000
    • STATUS: ACTIVE
    • ON SITE: 17 days
    • ID#: MB21083203
    $2,099,000
    • 10
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Welcome to 5424 Smiley Dr: **1 UNIT IS NOW RENTED-SIGNED LEASE IN PLACE FOR $4,750.00* PLUS UNIT #2 (3 BDR 3 BATH) IS NOW LEASED-SIGNED LEASE IN PLACE FOR $3,500.00 You won't find a better condo living alternative than this Contemporary 3 Unit NEW CONSTRUCTION property built in 2020 consisting of 3-story Units situated in one of the most exciting neighborhoods: MID CITY-WEST ADAMS! Everywhere you look there are new ventures & growth, walking distance to the Culver City Arts District. This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in within 5-7 minutes of this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Apple's Culver City Campus, and the Cumulus District Residences ideal for live, work and play. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants or simply live in 1 and rent the other 2-endless possibilities. This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,750 projected-leased) and a duplex in the rear containing two 3 bedroom, 3 bathroom units with all the modern amenities, central ac/heat and appliances including washer and dryer hook ups inside each garage. This design choice is invaluable to Tenants who appreciate having their own separate outdoor space including the convenience of not having to share parking. Centrally located to public transportation & major freeways! We welcome Welcome to 5424 Smiley Dr: **1 UNIT IS NOW RENTED-SIGNED LEASE IN PLACE FOR $4,750.00* PLUS UNIT #2 (3 BDR 3 BATH) IS NOW LEASED-SIGNED LEASE IN PLACE FOR $3,500.00 You won't find a better condo living alternative than this Contemporary 3 Unit NEW CONSTRUCTION property built in 2020 consisting of 3-story Units situated in one of the most exciting neighborhoods: MID CITY-WEST ADAMS! Everywhere you look there are new ventures & growth, walking distance to the Culver City Arts District. This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in within 5-7 minutes of this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Apple's Culver City Campus, and the Cumulus District Residences ideal for live, work and play. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants or simply live in 1 and rent the other 2-endless possibilities. This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,750 projected-leased) and a duplex in the rear containing two 3 bedroom, 3 bathroom units with all the modern amenities, central ac/heat and appliances including washer and dryer hook ups inside each garage. This design choice is invaluable to Tenants who appreciate having their own separate outdoor space including the convenience of not having to share parking. Centrally located to public transportation & major freeways! We welcome your 1031 exchange here, this property offers investors the freedom of NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty & the ease of owning a hassle-free 2020 construction with the Certificate of Occupancy issued 4/2021. Do not miss out on this opportunity: instant cash flow at close of escrow!

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    5424 Smiley Drive Los Angeles, CA 90016

    • Price: $2,099,000
    • Status: ACTIVE
    • ID#: MB21083203
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    Neighborhood:
    Los Angeles (90016)
    County:
    Los Angeles
    Area:
    Los Angeles (90016)
    Property Description
    Welcome to 5424 Smiley Dr: **1 UNIT IS NOW RENTED-SIGNED LEASE IN PLACE FOR $4,750.00* PLUS UNIT #2 (3 BDR 3 BATH) IS NOW LEASED-SIGNED LEASE IN PLACE FOR $3,500.00 You won't find a better condo living alternative than this Contemporary 3 Unit NEW CONSTRUCTION property built in 2020 consisting of 3-story Units situated in one of the most exciting neighborhoods: MID CITY-WEST ADAMS! Everywhere you look there are new ventures & growth, walking distance to the Culver City Arts District. This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in within 5-7 minutes of this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Apple's Culver City Campus, and the Cumulus District Residences ideal for live, work and play. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants or simply live in 1 and rent the other 2-endless possibilities. This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,750 projected-leased) and a duplex in the rear containing two 3 bedroom, 3 bathroom units with all the modern amenities, central ac/heat and appliances including washer and dryer hook ups inside each garage. This design choice is invaluable to Tenants who appreciate having their own separate outdoor space including the convenience of not having to share parking. Centrally located to public transportation & major freeways! We welcome Welcome to 5424 Smiley Dr: **1 UNIT IS NOW RENTED-SIGNED LEASE IN PLACE FOR $4,750.00* PLUS UNIT #2 (3 BDR 3 BATH) IS NOW LEASED-SIGNED LEASE IN PLACE FOR $3,500.00 You won't find a better condo living alternative than this Contemporary 3 Unit NEW CONSTRUCTION property built in 2020 consisting of 3-story Units situated in one of the most exciting neighborhoods: MID CITY-WEST ADAMS! Everywhere you look there are new ventures & growth, walking distance to the Culver City Arts District. This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most highly anticipated mixed-use developments coming in within 5-7 minutes of this property: the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), Apple's Culver City Campus, and the Cumulus District Residences ideal for live, work and play. With the influx of entertainment, tech and creative jobs coming to town, 5424 Smiley will attract high quality professional tenants or simply live in 1 and rent the other 2-endless possibilities. This property boasts an unbeatable setup: a free-standing 4 bedroom, 4.5 bathroom house in the front ($4,750 projected-leased) and a duplex in the rear containing two 3 bedroom, 3 bathroom units with all the modern amenities, central ac/heat and appliances including washer and dryer hook ups inside each garage. This design choice is invaluable to Tenants who appreciate having their own separate outdoor space including the convenience of not having to share parking. Centrally located to public transportation & major freeways! We welcome your 1031 exchange here, this property offers investors the freedom of NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, a 1 year fit-and-finish warranty & the ease of owning a hassle-free 2020 construction with the Certificate of Occupancy issued 4/2021. Do not miss out on this opportunity: instant cash flow at close of escrow!
    Exterior Features

    Pool N/K Site CurbsSidewalks Topography Level

    Interior Features

    Cooling Central Forced Air Stories 3 Story Total Baths Unit1 5 Total Baths Unit2 3 Total Baths Unit3 3 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

    Property Features

    Annual Expense Actual 29737 Buildings 2 Gross Scheduled Income Actual 141000 Home Owners Fees 0.0 Possession Close Of Escrow Tenant Pays SewerTrashWaterElectricityGas/Propane Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 4750.0 Unit2 Rent Actual 3500.0 Unit3 Rent Actual 0.0 Zoning Builder

    Listing provided courtesy of Century 21 Realty Masters. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Carrie Filla & Associates | Pacific Sotheby's International Realty
    5825 Avenida Encinas Ste 101
    Carlsbad CA, 92008