$315,000
For Sale

240 Robinson Street #5

Los Angeles, CA 90026
900 sqft | 1 bed | 1 bath | 0.15 acres | #25508593
Listing OfficeLOOM REALTY
Browse 42 photos

Open Houses

  • to
Type:Purchase
Structure:House
Zone:Residential

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 markets at a price point that's simply unbeatable in today's market!

  • Property Details
      • CountyLos Angeles
      • Property SubtypeResidential
      • ViewCityLights
      • Property TypePurchase
      • Original List Price$450,000
      • MLS #25508593
      • MLS #25508593
      • Acres0.1463
      • Cost315000
      • Year Built1926
      • Square Feet900
      • Hoa Fees200
      • Pets AllowedYes
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Stories2

Location

Adela BrownReal Estate Group
OR

Interested in Purchasing 240 Robinson Street #5?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00