Property Details
About this Property
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.
MLS Listing Information
MLS #
CROC25094518
MLS Source
California Regional MLS
Days on Site
30
Interior Features
Appliances
Other, Refrigerator
Cooling
None
Heating
Central Forced Air
Exterior Features
Roof
Composition
Foundation
Slab
Pool
None
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Brian Davis
Douglas Elliman of California
License #: 02067087
Phone: –
Co-Listing Agent
Joshua Altman
Douglas Elliman of California
License #: 01764587
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1566 E 106th St is a Duplex in Los Angeles, CA 90002. This – square foot property sits on a 5,199 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,275,000 and was built in 2022. This address can also be written as 1566 E 106th St, Los Angeles, CA 90002.
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This listing information is up-to-date as of April 30, 2025. For the most current information, please contact Brian Davis
