5411 Smiley Drive, Los Angeles, Los Angeles County, CA, 90016 Los Angeles CA US
Property Details
2
1
West Adams
MultiFamily
Description
Presenting 5411 Smiley Dr., in West Adams, a 2 story building with townhome style units. Consists of four 2 bedrooms/1.5 bath apartments. Offered at 4.4% CAP rate and 14.5 GRM. One unit will be delivered vacant. Below market rents offer an investor opportunity to renovate and reposition the remaining units with higher rents upon a vacancy. The subject is located in an Opportunity Zone which would provide potential tax benefits. The property is located within a few blocks from Whole Foods, the La Cienega/Jefferson transit station, and also in close proximity to Culver City Arts District, Amazon Studios and HBO headquarters. Gross income includes vacant unit proforma rent of unit 3 at $2,200. Find out more about this property. Request details here
Location
Address
5411 Smiley Dr, Los Angeles, California 90016, United States
City
Los Angeles
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