1566 E 106th Street, Los Angeles, CA

$1,275,000

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10

Beds

6

Baths

0.12

Acres

About 1566 E 106th Street

Turnkey 2022 Duplex | $8,000 Monthly Income & Growth Potential Built in 2022 by Ocean Development, this high-performing duplex offers a rare chance to own a modern, low-maintenance asset with immediate cash flow. Fully leased at $8,000/month with room for future rent increases, each unit features 5 bedrooms, 3 bathrooms, and approximately 1,850 sq ft of thoughtfully designed living space. Interiors are finished with solid wood cabinetry, dual-pane windows, central heating, and private in-unit laundry rooms. Separate gas, electric, and water meters ensure tenants pay their own utilities, while owned solar systems reduce expenses and boost your bottom line. The front unit includes a one-car garage, while the rear unit enjoys a spacious two-car garage, plus additional off-street parkingensuring convenience for tenants. Located in a high-demand rental market and free from rent control restrictions, this property offers both strong current performance and long-term upside. Professionally managed and turnkey, its ideal for investors seeking reliable cash flow, appreciation potential, and a hands-off asset in a growing area.

Features of 1566 E 106th Street

MLS® # OC25094518
Price $1,275,000
Bedrooms 10
Bathrooms 6.00
Acres 0.12
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 1566 E 106th Street
Area LOS ANGELES (90002)
City Los Angeles
County Los Angeles
State CA
Zip Code 90002

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs
Roof Composition
Construction Stucco

Additional Information

Date Listed April 14th, 2025
Days on Market 79
Zoning Builder
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDouglas Elliman of California

Listing Map

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