1566 E 106th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90002
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25094518
Year Built 2022
Lot Size 5,201 Sqft
Property Sub-Type Duplex
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 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.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Heating Central
Cooling None
Flooring Carpet,Tile
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Wood,Wrought Iron
Pool None
Community Features Curbs
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Building
Lot Description 2-5 Units/Acre
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard