1566 E 106th Street E, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This 2022-built Duplex is a High-Potential Investment Opportunity listed at $1,210,000, aligning perfectly with its $1,210,000 Fair Market Value. Featuring a Pristine Condition Rating, the property delivers a remarkable scheduled $7,000 monthly income with significant upside due to the absence of rent control. The 10 total bedrooms, owned solar system, and separate utility meters ensure high tenant demand while minimizing owner overhead. This modern, low-maintenance asset represents a stable, high-yield acquisition ideal for Buy-and-Hold Investors or wealth-builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1566 E 106th Street E Subject | $1,210,000* List Price | 0 | 0 | 3,715 | $326 | - |
A 9312 Pace Sold | $1,212,000 | 0 | 0 | 3,575 | $339 | 0.8 mi |
B 1612 E 92nd Street Active | $1,150,000 List Price | 0 | 0 | 3,809 | $302 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, making it a brand new construction. The description highlights 'modern bathrooms' and an overall 'modern design,' along with new systems like central heating and an owned solar system. The exterior images confirm its pristine, new condition. All components are virtually new, meeting current quality standards with no deferred maintenance.
Built in 2022, the property offers modern design, amenities, and reduced immediate maintenance concerns, appealing to tenants and investors alike.
A remarkable scheduled income of $8,000 per month positions this property as a highly lucrative investment opportunity with strong cash flow.
The absence of rent control in Los Angeles provides significant flexibility for future rent adjustments, maximizing potential returns for the investor.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3715, other record living area = 3776.
While central heating is present, the description does not mention air conditioning, which can be a significant drawback for tenant comfort in Los Angeles' climate.
The 5-bedroom configuration per unit, while maximizing income, may attract a higher number of occupants, potentially leading to increased wear and tear and management complexity.
This stunning property, built in 2022, boasts a remarkable scheduled income of $7,000 per month, making it a lucrative investment opportunity. Each unit is thoughtfully designed with 5 spacious bedrooms and 3 modern bathrooms, encompassing approximately 1,850 square feet of living space. Residents will enjoy the luxury of their own primary suite, complete with an interior laundry room and an attached garage, ensuring convenience and comfort. The property features central heating and is equipped with separate electric, gas, and water meters for each unit, allowing tenants to manage their own utilities effortlessly. An owned solar system adds to the energy efficiency and sustainability of the property. With no rent controls in place and professional management ensuring low maintenance, this investment not only promises stability but also presents great upside potential for future growth. Don't miss the chance to capitalize on this exceptional opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,715 | 2,297 | 94% |
| Lot Size | 5,199 | 4,853.5 | 63% |
| Price | $1.21M | $943.0K | 88% |
| Price per sq ft | $326 | $374 | 13% |
| Built year | 2022 | 1970 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 172 | 31% |
Nov 14, 2025
$1,210,000
Initial Listing
Oct 24, 2022
$1,175,000
Public Record
Nov 22, 2021
$329,500
Public Record