Los Angeles, CA 90002 1566 E 106th Street

1566 E 106th Street Los Angeles, CA - Image 11566 E 106th Street Los Angeles, CA - Image 21566 E 106th Street Los Angeles, CA - Image 3
1 more
1566 E 106th Street Los Angeles, CA - Image 41566 E 106th Street Los Angeles, CA - Image 5
Presented By: Brian Davis with Douglas Elliman of California; 9495629119
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# OC25094518
  • 04/29/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 10
  • Baths • 6
  • SQFT • 3,715
  • Garage • 3

Home Details

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 parking—ensuring 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, it’s ideal for investors seeking reliable cash flow, appreciation potential, and a hands-off asset in a growing area.
Presented By: Brian Davis with Douglas Elliman of California; 9495629119

Interior Features for 1566 E 106th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 1566 E 106th Street

Additional Parcels Y/NNo
AppliancesRefrigerator
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.62
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
Directions106th street West of Compton Blvd.
DisclosuresPrincipalIsRealEstateLicensed
ElectricPhotovoltaicsSellerOwned
Electric On Property Y/NNo
Entry Locationfront of property
Garage Spaces3.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1920.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet5199.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MaintenanceExpense1200.0
MobileHomeRemainsYNNo
Net Operating Income71689.0
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Open Parking Spaces5.0
Operating Expense24312.0
Pool FeaturesNone
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot107
Taxes$14,688
Tenant PaysAllUtilities
Total Actual Rent8000.0
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Waterfront Y/NNo
Year Built2022
Year Built SourceBuilder
ZoningLAR2

Exterior for 1566 E 106th Street

Building Area Total3715.0
Crops Included Y/NNo
FencingWood, WroughtIron
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1194
Lot Size Area5199.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,275,000
MLS#OC25094518
List Date 04/29/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 1566 E 106th Street

Compare listings

Compare