Listing provided courtesy of David Bramante of LOOM REALTY. Last updated 2025-04-19 08:09:27.000000. Listing information © 2024 Sandicor.
Asking Price: $315,000 |
240 Robinson #5, Los Angeles CA 90026
Community: C21 - Silver Lake - Echo Park
This property was built in 1926 and is priced at $315,000. Please see the additional details below.
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!