240 Robinson Street 5
Los Angeles, CA, 90026
$315,000
1 Beds
1 Baths
900 SqFt
0.15 Acres
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New Co-Ownership Opportunity: a beautifully renovated large one-bedroom in the historic Robinson Residences for just $315,000 – an incredible value with comparable units in the area selling for $500,000! This top-floor corner unit showcases a lavish $50K renovation with brand-new premium appliances throughout its generous 900 square feet. Currently tenant-occupied at $2,295 monthly (can remain for immediate income or be delivered vacant), this property projects future rental income of $2,995 per month, making it an outstanding investment with substantial upside. All cash buyers preferred, though seller financing available with 50% down for qualified buyers. Ideally situated minutes from Silver Lake, Echo Park, and Downtown LA, with exciting building improvements coming, this co-ownership opportunity presents a rare chance to secure a turn-key residence or high-performing rental property in one of LA’s hottest neighborhoods at a fraction of surrounding condo prices!Save hundreds of thousands of dollars by buying a co-op property – the newest trend in Los Angeles real estate because of skyrocketing interest rates and prices! This incredible opportunity won’t last long – act now to secure this gem before it’s gone! Don’t miss your chance to break into one of LA’s most desirable markets at a price point that’s simply unbeatable in today’s market!
LISTING AGENT: David Bramante
LISTING BROKERAGE: LOOM REALTY
240 Robinson Street 5
Los Angeles, CA

Property Details

Price:
$315,000
MLS #:
25508593
Status:
Active
Beds:
1
Baths:
1
Address:
240 Robinson Street 5
Type:
Single Family
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Mar 7, 2025
State:
CA
Finished Sq Ft:
900
ZIP:
90026
Lot Size:
6,372 sqft / 0.15 acres (approx)
Year Built:
1926
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Schools

Interior

Appliances
Dishwasher, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Vinyl, Wood
Heating
Wall Furnace

Exterior

Garage Spaces
0.00
Parking Features
None
Parking Spots
0.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Stories Total
2
View
City Lights

Financial

Association Fee
200.00

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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