Properties
Los Angeles, CA 90002 1566 E 106th Street E
$1,210,000
2 more
Presented By: Colette Leech with KELLER WILLIAMS REALTY; coletteleech@gmail.com
Baths • 3
SQFT • 3,715
Garage • 3
Home Details
This stunning property, built in 2022, boasts a remarkable scheduled income of $7,000 per month, making it a lucrative investment opportunity. Each unit is thoughtfully designed with 5 spacious bedrooms and 3 modern bathrooms, encompassing approximately 1,850 square feet of living space. Residents will enjoy the luxury of their own primary suite, complete with an interior laundry room and an attached garage, ensuring convenience and comfort. The property features central heating and is equipped with separate electric, gas, and water meters for each unit, allowing tenants to manage their own utilities effortlessly. An owned solar system adds to the energy efficiency and sustainability of the property. With no rent controls in place and professional management ensuring low maintenance, this investment not only promises stability but also presents great upside potential for future growth. Don't miss the chance to capitalize on this exceptional opportunity!
Presented By: Colette Leech with KELLER WILLIAMS REALTY; coletteleech@gmail.com
Interior Features for 1566 E 106th Street E
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1566 E 106th Street E
Additional Parcels Y/NNo
Architectural StyleContemporary
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSidewalks
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsS/ Century and off Compton
ElectricPhotovoltaics Seller Owned
Entry Locationporch
ExclusionsTenants belongings and furniture
Garage Spaces3
Garage Y/NYes
Gross Income
HOANo
HOA Fee$
HeatingCentral
Insurance Expense1920
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet5199
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
Net Operating Income52663
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense22260
Pool FeaturesNone
PossessionNegotiable
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot107
Taxes$15,025
Tenant PaysAll Utilities
Trash Expense0
UtilitiesCable Available, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Year Built2022
Year Built SourceAssessor
ZoningLAR2
Exterior for 1566 E 106th Street E
Building Area Total3715
FencingWood
Lot Features2-5 Units/Acre
Lot Size Acres0.1194
Lot Size Area5199
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
SpaNo
Total Parking3
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
