5435 Smiley Drive
Los Angeles, CA, 90016
$999,000
Original list price: $1,100,000
MLS: PW26121161
Beds
—
Baths
—
Sq Ft
1,648
Lot
0.11 ac
Year Built
1921
MLS #
PW26121161
Days on Market
141
Listed
Jun 4, 2026
Description
**Price Improvement!!** Rare opportunity for a move-in ready duplex in one of LA's most vibrant neighborhoods! 5435 Smiley Dr is a duplex property with FULLY DETACHED units consisting of 2BD/2BA/977sf front unit and a 2BD/1BA/671sf back unit in the heart of trendy West Adams. Live in one unit and rent out the other, move the entire extended family onto one property, or rent out both as income properties - the choice is yours! With a detached garage ideal for an ADU conversion and zoned LARD1.5 in TOC tier 3 allowing for increased density and FAR bonuses, this property also presents an exceptional opportunity for developers. The back unit has recently undergone full renovation and both have updated kitchens, bathrooms, flooring, and individual laundry. Units are separately metered for electricity and gas.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Stephen Jeong · Keller Williams Realty Irvine
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
$7,891
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,176
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 $34,965 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
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