1566 E 106th Street, Los Angeles, CA 90002

  • $1,275,000
1566 E 106th Street, Los Angeles, CA 90002
Active Turnkey
1566 E 106th Street, Los Angeles, CA 90002
1566 E 106th Street, Los Angeles, CA 90002
  • $1,275,000

Description

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.

  • Address 1566 E 106th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90002
  • Country US

Details

Updated on April 30, 2025 at 1:51 pm
  • Property ID: OC25094518
  • Price: $1,275,000
  • Property Size: 3715 Square Feet
  • Land Area: 0.1194 Acres
  • Garages: 3.0
  • Garage Size: x x
  • Year Built: 2022
  • Property Type: Duplex, Residential Income
  • Property Status: Active

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