1566 E 106th Street E, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
1566 E 106th Street E
Los Angeles, California 90002
Property Price
SUMMARY
Analysis of 1566 E 106th Street E, Los Angeles, California 90002 is currently available with a list price of $1,210,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction
Built in 2022, the property offers modern design, amenities, and reduced immediate maintenance concerns, appealing to tenants and investors alike.
- Exceptional Income Potential
A remarkable scheduled income of $8,000 per month positions this property as a highly lucrative investment opportunity with strong cash flow.
- No Rent Control
The absence of rent control in Los Angeles provides significant flexibility for future rent adjustments, maximizing potential returns for the investor.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3715, other record living area = 3776.
- Absence of Air Conditioning
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.
- High Occupancy Potential
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.
About 1566 E 106th Street E
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!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2022
- Lot Size
- 5,199 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,715 | 2,300 | 92% |
| Lot Size | 5,199 | 4,951 | 62% |
| Price | $1.21M | $995.0K | 85% |
| Price per sq ft | $326 | $339 | 23% |
| Built year | 2022 | 1987 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 112 | 128 | 15% |
Pricing History
Listed for Sale
Nov 14, 2025
$1,210,000
Initial Listing
Sold
Oct 24, 2022
$1,175,000
Public Record
Sold
Nov 22, 2021
$329,500
Public Record