Smiley Drive Development
WEST ADAMS | LOS ANGELES
1,110
26,400
83 countries
Local
Worldwide
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Positioning Statement
SMILEY DRIVE RESIDENCES: A PRIME INVESTMENT OPPORTUNITY IN WEST ADAMS
The Smiley Drive Development is a fully entitled project in the heart of West Adams, Los Angeles, featuring 16 modern RTI-ready residential units. Positioned in an Opportunity Zone and free of low-income rental unit requirements, this development offers unmatched flexibility for developers and investors. Located near the Whole Foods Market and LA Cienega Expo Light Rail Line, the project benefits from the area’s rapid urban growth and premium amenities, making it an ideal choice for maximizing returns.
Key Highlights
• FULLY ENTITLED: Development-ready with all necessary approvals secured.
• AVOIDS ULA TAX: Selling as individual homes eliminates the 5.5% ULA tax burden.
• BUILD & HOLD FLEXIBILITY: No low-income rental unit requirements provide greater adaptability.
• PRIME LOCATION: Close to the La Cienega Expo Light Rail Line and West Adams’ growing amenities.
• OPPORTUNITY ZONE BENEFITS: Offers tax advantages for eligible investors.
Location & Lifestyle
Located in the heart of the vibrant West Adams neighborhood, 5326 Smiley Drive offers a prime location near Whole Foods, trendy cafes, and historic landmarks. Known for its diverse culture and thriving community, the area combines urban convenience with a laid-back lifestyle, making it a hub for creatives, professionals, and families alike.
Area Map
- 20/30 MINUTES TO
- 15/20 MINUTES TO LAX
- 15/20 MINUTES TO SANTA
- 20/25 MINUTES TO
MONICA
DOWNTOWN
HOLLYWOOD
Whole Foods
La Cienega Station Terminal
Cliffs of Id
Farmhouse Kitchen Thai Cuisine
Mizala West Adams
MIAN West Adams
Investment Projections Breakdown
