1566 E 106th Street E, Los Angeles, CA 90002

$1,210,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,210,000
Status
ACTIVE
MLS#
CV25260577
Year Built
2022
Lot Size
5,199
Acres
0.12
Lot Location
2-5 Units/Acre
Days on Market
261
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Duplex
Stories
Two Levels

Property Description

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!

Additional Information

Pool Description
None
Heat
Central
Cooling Description
None
View
None
Exterior Construction
Stucco
Roof
Composition
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$84,000
Operating Expense
22260

Listing courtesy of Listing Agent: Colette Leech (coletteleech@gmail.com) from Listing Office: KELLER WILLIAMS REALTY.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.