Condominio for Køb i Colinas de Baldwin, California

First time on the market since 1988, 5430-5434 Smiley Dr is a rare investment opportunity in the up-and-coming West Adams submarket of Los Angeles. The property consists of seven (7) 1+1 apartment units and two (2) 2+1/1.5 detached houses on a 9,601 SF lot, with convenient access to the I-10 highway. An earthquake retrofit job has recently been completed, and high value add potential remains throughout the property especially with the renovation / construction potential of the 2 detached homes. The unique unit breakdown and below market rents offer an excellent opportunity for any investor to capitalize on over 70% rental upside potential. MLS® ID: 22202641 Listed: 9/19/22 Updated: 10/17/22 Interior Features Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator Total Bedrooms: 11 Total Bathrooms: 9 Cooling: None Exterior/Building Features Lot Size: 9,601 ft2 lot Other Property Details Area Name: C16 - Mid Los Angeles Garage: Yes Parking: Driveway, Garage, One Space, Tandem Parking Total: 5.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: LARD1.5 Property History Date Event Price Value 10/11/22 Active - - 10/7/22 Active Under Contract - - Courtesy of Link Brokerages, Andrew Malekie, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.