#IV25069359, JOHN BRYAN, Listing office: REALTY DREAM PARTNERS

1566 E 106th St Los Angeles, CA 90002
Property details
About 1566 E 106th St
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.
Highlights
Summary
- Appliances: Refrigerator
- Flooring Type: Carpet, Tile
- Fireplace: None
- Garage Space: 3 spaces
- Private Pool: No
- Architectural Style: Traditional
- Heating: Central
- Cooling: None
- List Price: $1,275,000
- HOA Amount: $0
- Annual Tax Amount: $15,024
- Tax Year: 2024
- Directions: 106th street West of Compton Blvd.
- Year Built: 2022
- Stories: 2
- Lot Size: 0.1194 Acres
- MLS Number: OC25094518
- MLS Name: CRMLS
- Office Name: Douglas Elliman of California
- Office Phone: (949) 562-9119
- Listing Agent: Brian Davis
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 2:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,275,000
1566 E 106th St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 24, 2022 | Home Sold | $1,175,000 |
Nov 22, 2021 | Home Sold | $329,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,198,500 | $15,024 |
2023 | $335,580 | $14,181 |
2022 | $329,000 | $3,918 |
2021 | $10,163 | $203 |
2020 | $10,059 | $198 |
2019 | $9,862 | $177 |
2018 | $9,669 | $171 |
2017 | $9,480 | $171 |
History based on county public records data.
Nearby schools
5
Compton Avenue Elementary STEAM Academy
Public District KG-5
0.2 mi
•1515 E 104th St
3
Flournoy Elementary School
Public District KG-5
0.4 mi
•1630 E 111th St
5
112th Street STEAM Academy
Public District KG-5
0.5 mi
•1265 E 112th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $11,226. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1566 E 106th St
The listing price of 1566 E 106th St property is $1,275,000.
The property 1566 E 106th St is a multi located in Los Angeles, California, 90002.
Active Listing: 1566 E 106th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1566 E 106th St are: Compton Avenue Elementary STEAM Academy (GreatSchools Rating 5/10), Flournoy Elementary School (GreatSchools Rating 3/10), 112th Street STEAM Academy (GreatSchools Rating 5/10), Edwin Markham Middle School (GreatSchools Rating 2/10), Animo James B. Taylor Charter Middle School (GreatSchools Rating 4/10), Carver Elementary School (GreatSchools Rating 5/10), Dorothy V. Johnson Community Day (GreatSchools Rating 2/10), Alliance Cindy and Bill Simon Technology Academy High School (GreatSchools Rating 4/10), College Bridge Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $15,024 (source: MLS/based on county public records data).
The last sale was on October 24, 2022 for $1,175,000 (source: MLS/tax record).
The year of construction for 1566 E 106th St is 2022.
This home is located at 1566 E 106th St in Los Angeles, CA and zip code 90002 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $1,275,000.
Over 325 listings were sold over their listed price in May 2025 in Los Angeles, CA. In the same period over 319 listings were sold below the listed price and 134 listings were sold for the listed price. Between April and May 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 8.7%. While the average time on the market in May 2025 was 34 days, the median list price was $871,794.