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  • 5326 Smiley Drive

5326 Smiley Drive, Los Angeles, CA 90016

$950,000 Approx. USD 2 beds, 1 baths
872 sqft
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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Ari Wintraub | ari.wintraub@sothebyshomes.com
Lic#: 01943483
Broker: Courtesy of Sotheby's International Realty
Phone: 310-428-5045

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 26829999
Price: $950,000
Beds: 2
Baths: 1 (1 full)
None fireplaces
Built in 1924
872 sqft
1 story
0.11 acres
Lot size: 0.1102
County: Los Angeles
Property style: Traditional
Zoning: LARD1.5
Parking description: Driveway
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C16 - Mid Los Angeles
Furnished: Unfurnished

Last Updated: 9/2/2026

 Days On Market (DOM): 164

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Traditional.
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Lat/Long: 34.028365, -118.360880.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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