LKV Realty
Logo
$1,275,000
$6,000Reward *
1566 E 106th Street, Los Angeles, CA 90002Listing ID OC25094518

1566 E 106th Street, Los Angeles, CA 90002

Active
Time on site: 490 daysLast updated: Apr 30, 2025
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Duplex
Square Feet
Square Feet
3,715
Acres
Acres
0.12
Days on Site
Days on Site
474
Cooling
Cooling
None
Heating
Heating
Central
Year Built
Year Built
2022
Stories
Stories
2
Garages
Garages
3

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.

Property Information

Property Details

Location

Address
1566 E 106th Street
County
Los Angeles
City
Los Angeles
Zip Code
90002
MLS Area
C37 - Metropolitan South

Interior Features

Other Rooms

Laundry Features
Inside

Building

Building Information

Square Feet
3,715
Year Built
2022
Stories
2
Construction
Stucco
Foundation
Slab
Roof
Composition
Condition
Turnkey

Financial

Special Conditions
Standard
Brian DavisDouglas Elliman of California Inc., (949) 270-0440

Market Report for 90002

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

OCDAVIBRI • OCALTJOSH