Four-plex in Echo Park | 2106 Valentine St
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Four-plex in Echo Park 2106 Valentine St
4 Unit Block of Flats £1,382,517 (£345,629/Unit) 6.20% Net Initial Yield Los Angeles, CA 90026
Investment Highlights
- THREE OF THE FOUR UNITS ARE DELIVERED VACANT
- A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium
- Nestled in one of the most desirable neighborhoods of Echo Park
Executive Summary
THREE OF THE FOUR UNITS ARE DELIVERED VACANT! Nestled in one of the most desirable neighborhoods of Echo Park, this four-unit building offers a fantastic investment opportunity with incredible potential. A stone's throw from the famous Silver Lake steps, Echo Park Lake and Dodger stadium as well as top-rated schools, trendy shops, popular restaurants, coffee houses, and vibrant nightlife. This property is perfectly situated to attract tenants who value convenience and community. The building consists of three spacious 2-bedroom units and one 1-bedroom unit, providing a mix of options for a variety of tenants. Three of the units will be delivered vacant, allowing for immediate updates and the flexibility to set your ideal rents. While the property would benefit from some updating, it boasts solid bones and a location that can't be beat.With its prime location and a little vision, this property is ready to be transformed into a high-demand rental or long-term hold. This prime location offers easy access to vibrant local amenities and transportation options including the 2, 101, 5, 110 freeways. *Adjacent duplex, 1517 Baxter St., can be purchased with this property.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+1 | 3 | - | - |
1+1 | 1 | - | - |
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PROPERTY TAXES
Parcel Number | 5420-038-026 | Total Assessment | £57,480 (2024) |
Land Assessment | £26,175 (2024) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £31,306 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
5420-038-026
Land Assessment
£26,175 (2024)
Improvements Assessment
£31,306 (2024)
Total Assessment
£57,480 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2025
zoning
Zoning Code | LAR2 (Multiple Dwelling Zone) |
LAR2 (Multiple Dwelling Zone) |
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Four-plex in Echo Park | 2106 Valentine St
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