5338 Smiley Drive

Los Angeles, CA 90016

  • 0 Sqft
  • 24005
    Sqft(Lot)
$7,900,000

Description

Great opportunity to acquire a fully entitled, ready-to-issue (rti) small lot development site in the heart of west adams to build 16 sfr homes. spanning 24,000 sf across five standard lots, the property currently consists of a residential structure and open yard space. the rti plans are for 16 modern residential units (small lot homes), with elevated architecture and rooftop decks. the site is nestled in a residential pocket not far from hip restaurants like mizlala, mian and whole foods. the la cienega/jefferson expo line station is nearby and makes it ideal for transit-oriented development also located in an opportunity zone. the project is free of low-income housing requirements and offers flexibility for both short- and long-term strategies. strong location in one of la's fastest-growing creative corridors, the project benefits from the area's rapid urban growth and premium amenities, making it an ideal choice for maximizing returns. includes these three additional parcels: 5043-016-002, 5043-016-003, 5043-016-005

  • Property Type

    Land

  • County

    Los Angeles

  • Style

    Land

  • AD ID

    49203610

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Property Details

  • Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Other

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5511
    • Lot Size Dimensions: 80x120
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 24005

  • Listing Price Information

    • Original List Price: 7,900,000
    • Listing Contract Date: 2025-04-02

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5043016004

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 3308
    • Directions: 10 West Exit La Brea. Left on La Brea Right on W Adams. Left on Hauser Left on Smiley
    • Zoning: LARD1.5
    • Source Property Type: Land
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/11/2025 @ 12:27

  • MLS: 25513931
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 24,005 sized lot, and 0 parking. are nearby neighborhoods.