240 Robinson Street Unit 5
Los Angeles, CA 90026
- 1 bed
- 1 bath
- 900 sqft
- 6,372 sqft lot
- $350 per sqft
- 1926 build
- – on site
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!
Last checked:
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Last updated Apr 17, 2025
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MLS# 25508593 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1926
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New Construction:No
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Total Number Of Units:8
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Unit Number:5
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Architectural Style:Spanish
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Stories Total:2
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Entry Level:5
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Faces:South
Interior
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Levels:One
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Flooring:Vinyl, Wood
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Living Area Source:Estimated
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included, Inside
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Laundry:1
Room Dimensions
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Living Area:900.00
Location
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Directions:A few blocks south of Silver Lake.
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Latitude:34.07512600
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Longitude:-118.28208900
The Property
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Property Type:Residential
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Property Condition:Updated/Remodeled
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Zoning:LARD2
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Lot Size Area:6372.0000
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Lot Size Acres:0.1463
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Lot Size SqFt:6372.00
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View:1
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View:City Lights
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:1
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5156006005
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Dishwasher, Refrigerator
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Included:Yes
The Community
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Association:No
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Association Fee:$200
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Association Fee Frequency:Monthly
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Monthly cost estimate
Asking price
$315,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,686
|
| Taxes | N/A |
| Insurance | $86 |
| HOA fees | $200 |
| Utilities | $113 See report |
| Total | $2,085/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/8/25
Apr 8, 2025
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Price Changed | CRMLS_CA | $315,000 | -3.1% |
|
4/7/25
Apr 7, 2025
|
Price Changed | CRMLS_CA | $324,950 | -0.0% |
|
3/28/25
Mar 28, 2025
|
Price Changed | CRMLS_CA | $325,000 | -7.1% |
