Skip main navigation
For sale
  • Listing Provided by: 

    Brian Davis DRE #02067087 9495629119,

    Douglas Elliman of California,

    Joshua Altman DRE #01764587,

    Douglas Elliman of California

    $1,275,000

    1566 E 106th St, Los Angeles, CA 90002

    --beds
    --baths
    3,715sqft
    : 
    Duplex
    Built in 2022
    -- sqft lot
    $1,274,500 Zestimate®
    $343/sqft
    $-- HOA

    What's special

    One-car garageSpacious two-car garageThoughtfully designed living spaceSolid wood cabinetryAdditional off-street parkingPrivate in-unit laundry roomsCentral heating
    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.
    69 days
    on Zillow
    |
    46
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 06:51am

    Listing Provided by:

    Brian Davis DRE #02067087 9495629119,

    Douglas Elliman of California,

    Joshua Altman DRE #01764587,

    Douglas Elliman of California

    Source: CRMLS,MLS#: OC25094518MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1566 E 106th St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    • Laundry: Inside
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,715
    • Total interior livable area: 3,715 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front of property
    • Pool features: None
    • Spa features: None
    • Fencing: Wood,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,199 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 6065015028
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $343/sqft
    • Tax assessed value: $1,198,500
    • Annual tax amount: $15,025
    • Date on market: 4/29/2025
    • Listing terms: Cash to New Loan
    • Total actual rent: 8000
    • Tenant pays: All Utilities
    • Road surface type: Paved
    • Loading
    • Loading