1566 E 106th Street
Los Angeles, CA 90002
- – beds
- – baths
- – sqft
- 5,199 sqft lot
- 2022 build
- – on site
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.
Last checked:
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Last updated Apr 30, 2025
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MLS# OC25094518 —
This property is listed in more than one place. See it here.
The Building
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Year Built:2022
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Year Built Source:Builder
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:3715.00
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Building Area Units:Square Feet
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Total Number Of Units:2
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# of Buildings:1
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Architectural Style:Traditional
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Roof:Composition
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Foundation:Slab
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:2
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# of Separate Water Meters:2
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# of Separate Electric Meters:2
Interior
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Levels:Two
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Entry Location:front of property
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Flooring:Carpet, Tile
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Financial & Terms
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Disclosures:Principal Is RE Licensed
Location
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Directions:106th street West of Compton Blvd.
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Latitude:33.93943400
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Longitude:-118.24670500
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Property Condition:Turnkey
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Zoning:LAR2
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Lot Features:2-5 Units/Acre, Lot 10000-19999 Sqft
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Lot Size Area:5199.0000
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Lot Size Acres:0.1194
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Lot Size SqFt:5199.00
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Lot Size Source:Assessor
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View:None
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Fencing:Wood, Wrought Iron
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Fence:Yes
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2420.00
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Tax Tract:/
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Tax Lot:107
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6065015028
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Photovoltaics Seller Owned
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Water Source:Public
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:8.00
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Garage Spaces:3.00
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Uncovered Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/29/25
Apr 29, 2025
|
Listed / Active | CRMLS_CA | $1,275,000 | 8.5% (3.4% / YR) |
10/24/22
Oct 24, 2022
|
CRMLS_CA | $1,175,000 | 256.9% | |
11/19/21
Nov 19, 2021
|
CRMLS_CA | $329,250 | 19.7% |