REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Apr

Sat

Apr

Sun

Apr

Chris Sloan

info@sandiegopropertysearch.com +1(858) 330-6289

$315,000

Est. payment - /mo

1 Bed

1 Bath

900 SqFt

Save

OPEN HOUSE

Fri Apr 11, 12:00pm - 1:00pm

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $350

MLS Listing ID 25508593

Bedrooms 1

Full Baths 1

Condo Fees $200

Construction Status Updated/Remodeled

HOA Fees $200/mo

HOA Y/N No

Year Built 1926

Lot Size 6,372 Sqft

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

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features None

Pool None

View Y/N Yes

View City Lights

Private Pool No

Building

Faces South

Story 2

Entry Level One

Architectural Style Spanish

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Pets Allowed Yes

Senior Community No

Tax ID 5156006005

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Pets Allowed Yes

Read Less Info

Listed by David Bramante • LOOM REALTY

REALTOR® Chris Sloan works all areas of San Diego real estate and adjacent areas in Southern California-from single family homes to multi-unit residential, investment properties, land, and commercial buildings.

He’s adept at helping buyers and sellers with traditional equity transactions, short sales, probate, trust sales, foreclosures, corporate transactions, and exchanges

+1(858) 330-6289

info@sandiegopropertysearch.com

Let's talk about this property

QUICK SEARCH

There are 30 quick searches

240 Robinson ST #5 Los Angeles, CA 90026