RealKey
‪(213) 433-7766‬

1566 E 106th Street E, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

1566 E 106th Street E, Los Angeles, California 90002 home-pic-0
ACTIVE$1,210,000
1566 E 106th Street E, Los Angeles, California 90002
0Bed
0Bath
3,715Sqft
5,199Lot
Year Built
2022
Close
-
List price
$1.21M
Original List price
$1.21M
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
CV25260577
Home ConditionExcellent
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.21M(92th), sqft - 3715(92th), beds - undefined(50th), baths - undefined(50th).

This stunning property, built in 2022, boasts a remarkable scheduled income of $8,000 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!

Price History

Date
Event
Price
11/14/25
Listing
$1,210,000
10/24/22
Sold
$1,175,000
11/22/21
Sold
$329,500
Condition Rating
Excellent
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.
Pros & Cons

Pros

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.
Energy Efficiency & Sustainability: Equipped with an owned solar system and separate utility meters for each unit, promoting lower operating costs and environmental benefits.
High-Density, Amenity-Rich Units: Each unit features 5 spacious bedrooms, 3 modern bathrooms, a primary suite, interior laundry, and an attached garage, offering premium tenant appeal and maximizing rental income.

Cons

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.
Limited Outdoor Space: With 3715 sqft of living space on a 5199 sqft lot for a duplex, individual unit outdoor space may be minimal, which could be a consideration for some tenants.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state