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1566 E 106th Street, Los Angeles, CA 90002
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$1,275,000
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Home Details for 1566 E 106th Street
Price
$1,275,000
Type
Multi Family
Year Build
2022
Lot Size
0.1194
County
Los Angeles
Garage
3
MLS®️ Listing#
OC25094518
On exitrealty.com
165 days
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.
- Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Cooling Information
- None
- Heating Information
- Central
- Water Features
- Public
- Fire Place
- None
Listing Courtesy: Douglas Elliman of California - 9495629119. Presented by: Brian Davis and Joshua Altman
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 16:55:17 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,275,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.