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Presenting 5411 Smiley Dr., a Value Add Fixer in West Adams, property is 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.
Listing agent: Anie Mayelian DRE #00778825 anie@mayeliangroup.com, Listing office: Equity Union
MLS data updated 11/1/2026, 5:34:38 AM PT
Source: CRMLS, MLS #: SR22229813
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Dec 22, 2022
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,180,000Closed sale · Dec 22, 2022ZIP 90016 · Dec 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.