West Adams multi-family investment opportunity with high upside potential. 7 apartment units and 2 detached units on one lot.
First time on the market since 1988, Link Brokerages is pleased to present a rare investment opportunity in the coveted West Adams submarket of Los Angeles. 5430-5434 Smiley Dr 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. Agents and brokers do not make any guarantees or representations to the accuracy of any of the information provided herein.
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