5350 SMILEY DR.
Los Angeles, CA 90016 · APN 5043-016-007
UNITS
4
BUILDING SF
2,640
SF / UNIT
660
YEAR BUILT
-
BEDROOMS
6
BATHROOMS
4
USE · CODE 0400
FOURPLEX
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
No market sale detected on this parcel since 2021. The last recorded transfer may have been a refinance, trust move, or family transfer that didn't reset the Prop 13 base.
RENT CONTROL STATUS NOT DETERMINED
These records carry no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON SMILEY DR · ZIP 90016
SIMILAR SIZE AND ERA IN 90016
This building sits in Mid-City.
RECORDED SALES, MEDIAN $/UNIT AND $/SF, RENT-CONTROL COVERAGE →
The short answers.
Is 5350 Smiley Dr rent controlled?
These records carry no year built for this parcel, and coverage turns on exactly those facts: the Rent Stabilization Ordinance reaches City of Los Angeles buildings of two or more units with a certificate of occupancy issued on or before 1 October 1978. Rather than guess, confirm the address with LAHD. Confirm the address with the LA Housing Department or in ZIMAS before you rely on any assumption for pricing or notices.
How many units does 5350 Smiley Dr have?
County records list 4 units at 5350 Smiley Dr, classified as fourplex across 2,640 square feet of building area, averaging about 660 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When did 5350 Smiley Dr last change hands?
The most recent transfer on the roll was recorded October 2014. Not every recorded transfer is a market sale: refinances, trust transfers, and family conveyances all appear in the same field, and those do not reset the assessed value.
What is 5350 Smiley Dr assessed at, and is that what it is worth?
The current assessed value is $707,277 ($495,156 land, $212,121 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for, and this one has held its base year for roughly 11 years.
What is the Mid-City apartment market doing?
5350 Smiley Dr sits in Mid-City, in Los Angeles. Recorded sale counts, median price per unit, median price per square foot, and the share of rent-control-era stock for the submarket are published and updated as the county roll refreshes. See the Mid-City market page for the current figures rather than a number quoted here.
How do I find out what 5350 Smiley Dr would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
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