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5418 Smiley Drive

Los Angeles, CA, 90016

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$1,299,990

Original list price: $1,349,000

MLS: 26657161

Beds

5

Baths

4

Sq Ft

2,265

Lot

0.11 ac

Year Built

1933

MLS #

26657161

Days on Market

242

Listed

Feb 26, 2026

Description

Rare opportunity in the heart of West Adams. Includes 3 addresses: 5416, 5418, and 5418 1/2. Completely remodeled in 2022, this duplex with 1bed ADU income property is perfect for investors and owner-users alike. Generating market value $8200 in monthly income potential. 5416 is a 2bed + 1bath in 636sf, currently rented and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 is a 2bed + 2bath in 1111sf, also currently rented, and features wide plank vinyl flooring, mini split HVAC, vinyl windows, 1 car off street parking, small garden area by front entrance and in unit stackable laundry. The kitchen is complete with stainless steel appliances, quartz counters and plenty of cabinetry. 5418 1/2 is a 1bed ADU with private patio space, wide plank vinyl flooring, mini split HVAC, vinyl windows, and in unit stackable laundry. Close to well known neighborhood local small business eats like Open Face Food Shop, Mizlala, Alta, Normandie Bakery, Fleur et Sel, Highly Likely, Delicious Pizza, Chulita, Damn I Miss Paris, muso, Vicky's All Day, and Maydan Market. Short stroll to Westside Neighborhood Park, Whole Foods, the Metro, with close access to the fwy, downtown, as well as other neighborhood favorites like Persona, Divine Glow Esthetics, Antiqua, Hills & Heights Pilates, Good Mother, Pascals Printing, and the Blending Lab. Explore nearby tranquil LPRC Park, and neighborhood gems like Peace Awareness Labyrinth & Gardens. This location truly has it all!

Location

Los Angeles, Los Angeles County, CA 90016

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Listed by: Claire Lissone · Real Estate Collective

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$10,179

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $129,999 · Loan: $1,169,991

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$8,037
Property tax (1.25%)
$1,354
Homeowners insurance
$300
Mortgage insurance
$487
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 22, 2026

30-year fixed
7.32%
15-year fixed
6.68%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $45,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Los Angeles, CA 90016 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.