1566 106th Street, Los Angeles, CA 90002
  • MLS#: OC25094518 ( Duplex )
  • Street Address: 1566 106th Street
  • Viewed: 2
  • Price: $1,275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Days On Market: 89
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90002
  • Provided by: Douglas Elliman of California
  • Contact: Brian Brian
  • California Regional MLS IDX
  • DMCA Notice
  • 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 parkingensuring 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, its ideal for investors seeking reliable cash flow, appreciation potential, and a hands off asset in a growing area.
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Features
Appliances
  1. Refrigerator
Architectural Style
  1. Traditional
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3715.00
Commoninterest
  1. Planned Development
Common Walls
  1. 1 Common Wall
Construction Materials
  1. Stucco
Cooling
  1. None
Country
  1. US
Electric
  1. Photovoltaics Seller Owned
Entry Location
  1. front of property
Fencing
  1. Wood
  2. Wrought Iron
Fireplace Features
  1. None
Flooring
  1. Carpet
  2. Tile
Foundation Details
  1. Slab
Garage Spaces
  1. 3.00
Heating
  1. Central
Insurance Expense
  1. 1920.00
Laundry Features
  1. Inside
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
  2. Lot 10000-19999 Sqft
Netoperatingincome
  1. 71689.00
Newtaxesexpense
  1. 14688.00
Otherexpense
  1. 1200.00
Otherexpensedescription
  1. repairs
Parcel Number
  1. 6065015028
Pool Features
  1. None
Postalcodeplus4
  1. 3506
Professionalmanagementexpense
  1. 5160.00
Property Type
  1. Duplex
Property Condition
  1. Turnkey
Road Surface Type
  1. Paved
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 437484295:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 8000.00
Totalexpenses
  1. 24312.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 5.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
View
  1. None
Water Source
  1. Public
Year Built
  1. 2022
Year Built Source
  1. Builder
Zoning
  1. LAR2