$10,000 Closing Credit¹
#IV25069359, JOHN BRYAN, Listing Office: REALTY DREAM PARTNERS
#OC25094518·
Listing office: Douglas Elliman of California·
Listing agent: Brian Davis·
Listing office phone: 9495629119
$1,275,000 List price
1566 E 106th St Los Angeles, CA 90002
$10,000
Closing credit¹
0.1 acres
Multi-Family
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
Home typeDuplex
HeatingCentral
StatusActive
Lot size0.1194 Acres
Year built2022
MLS #OC25094518
Garage3 spaces
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: 5/23/2025, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,275,000
1566 E 106th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
78%
<35k
12%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
32%
Single, with Kids
6%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
12%
12-17 yrs old
24%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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.
In April 2025 more than 395 listings in Los Angeles, CA were sold above the asking price. During the same period more than 148 listings were sold at asking price, while more than 328 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. In April 2025 median list price was $896,516 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.