1566 E 106TH STREET, LOS ANGELES CA 90002
- 3,715 sq.ft.
- 5,199 sq.ft. lot
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.
Listing Courtesy of Brian Davis, Douglas Elliman of California
Interior Features
Exterior Features
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