5422 Smiley is an OPPORTUNITY ZONE new construction triplex walking distance to the Culver City Arts District! Walk less than a mile to the ultra-trendy Helms Bakery District. This is a prime opportunity to secure MAJOR tax benefits while owning a stunning 2021 triplex (freestanding SFR + duplex) with floorplans that are without question the most desired by tenants: townhome style with private 2-car garages!
This neighborhood is rapidly becoming the hottest rental market in Los Angeles, with several of the most ground-breaking mixed-use developments a few minutes away: Platform, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus development (Whole Foods). With the influx of entertainment, tech and creative jobs coming to town, 5422 Smiley will attract high quality professional tenants!
In addition to its prime central location, 5422 Smiley boasts countless other perks including: a remarkable projected cap rate of 5.41%, units with massive bedrooms and breathtaking city views, a 1 year builder’s warranty, minimal maintenance, separate meters for gas, water & electric, laundry hookups in each unit, stainless steel kitchen appliances, high quality finishes, upscale modern kitchens, stunning bathrooms, and spacious, open floorplans.