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John Dandoy

jrdandoy@gmail.com +1(909) 224-1278

$ 315,000

Est. payment | -/mo

1 Bed

1 Bath

900 SqFt

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$ 315,000

Est. payment | -/mo

Save

1 Bed

1 Bath

900 SqFt

OPEN HOUSE

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

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

Listed by David Bramante • LOOM REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 224-1278

jrdandoy@gmail.com

101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States

240 Robinson ST #5 Los Angeles, CA 90026

John Dandoy

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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240 Robinson ST #5