Los Angeles, CA 90026,240 Robinson Street #5
Los Angeles, CA 90026,240 Robinson Street #5
Los Angeles, CA 90026,240 Robinson Street #5
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$295,000
Est. payment /mo
1 Bed
1 Bath
900 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $327

MLS Listing ID CL25508593

Bedrooms 1

Full Baths 1

HOA Fees $200/mo

HOA Y/N Yes

Year Built 1926

Lot Size 6,372 Sqft

Acres 0.1463

Property Sub-Type Single Family Residence

Property Description

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 mark

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Dryer, Washer, Inside

Exterior

Pool None

View Y/N true

View City Lights

Private Pool false

Building

Story 1

Architectural Style Spanish

Level or Stories One Story

New Construction No

Others

Tax ID 5156006005


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Bridge MLS
Listed by David Bramante • LOOM REALTY

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240 Robinson Street #5