6
See all 6 photos
$1,275,000
Est. payment /mo
10 Beds
6 Baths
Active
1566 E 106th Street Los Angeles, CA 90002
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25094518
Bedrooms 10
Property Sub-Type Res Income 2-4 Units
Property 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 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.
Location
State CA
County Los Angeles
Zoning Builder
Direction 106th street West of Compton Blvd.
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 6065015028
Listed by Brian Davis Douglas Elliman of California