CA > Los Angeles
Los Angeles, CA 90026,240 Robinson Street #5
Los Angeles, CA 90026,240 Robinson Street #5
Los Angeles, CA 90026,240 Robinson Street #5
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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Justin Kenney

Justin Kenney

+1(925) 808-9139
$ 225,000
Est. payment | /mo

1 Bed

1 Bath

900 SqFt

Save
$ 225,000
Est. payment | /mo
Save

1 Bed

1 Bath

900 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $250

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: Introducing the first and only available unit in the historic 8-unit Robinson Residencesan exceptional all-cash opportunity to own a fully renovated top-floor, corner one-bedroom (900 sq ft) in one of LA's most desirable locations. Priced at just $250,000, this unit represents rare value with comparable 1-bed condos in the area trading for over $500,000. The home has undergone a recent $50,000 renovation, featuring premium stainless steel appliances, designer finishes, and thoughtful upgrades throughout. Currently tenant-occupied at $2,295/month with potential to increase to $2,995/month, the unit delivers strong income from day one: incoming rent of $2,295, HOA of $200, leaving a monthly net of $2,095. The tenant can remain in place, making this a turnkey income property, or vacate at closing, giving you the option to take possession for personal use. Located just minutes from Silver Lake, Echo Park, and Downtown LA, the property is supported by a stable $200/month HOA fee covering common area maintenance and shared utilities. The building is mid-conversion to a TIC (Tenancy in Common), with completion expected in 9 months. Upon conversion, you will receive direct deeded ownership of your specific unit, gain the right to refinance with TIC lenders,

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

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by David Bramante • LOOM REALTY
agent-avatar

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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240 Robinson Street #5