$315,000
$9.95k
240 Robinson St Apt 5, Los Angeles, CA 90026
- 1Bed
- 1Bath
- 900SqFt
- 1Bed
- 1Bath
- 900SqFt
- Property TypeCondo
- Year Built1926
- HOA Fees$200/mo
- Price per Sqft$350
- On highrises39 Days
Property Details
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 Features
Bedrooms
- Bedrooms: 1
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- David Bramante
- state license#01511588
- Brokered by:
- Levine Realtors
- (310) 357-5810