$325,000
For Sale

240 Robinson Street #5

Los Angeles, CA 90026
900 sqft | 1 bed | 1 bath | 0.15 acres | #25508593
Listing OfficeLOOM REALTY
Browse 6 photos
Type:Purchase
Structure:House
Zone:Residential

Description

New Co-Ownership Opportunity: Corner Unit in Spanish Revival Gem. Discover a unique opportunity at the Robinson Residence, an architecturally distinctive Spanish revival building in rapidly appreciating Historic Filipinotown, two blocks south of Silver Lake. This top-floor corner unit offers compelling options for savvy investors: A) As a Lucrative Rental: Currently generating $2,295 monthly from a stable tenant, this meticulously renovated unit delivers immediate returns with minimal management. The comprehensive building renovation ensures low maintenance concerns while commanding premium rental rates. B) As Your Future Urban Haven: When ready, claim this light-filled corner residence as your own sophisticated home. The thoughtful renovation features a designer kitchen with high-end appliances, luxurious bathroom finishes, and the rare convenience of in-unit laundry, all within a building of architectural distinction.This top-floor position offers superior natural light, privacy, and the ambiance only found in well-preserved Spanish revival architecture. As Historic Filipinotown continues its upward trajectory, this co-ownership opportunity represents both immediate returns and promising long-term appreciation. Easy access to Downtown, Silver Lake, and Echo Park positions this property perfectly for both rental demand and future resale value. Note: No parking available. Seller financing available.

  • Property Details
      • CountyLos Angeles
      • Property SubtypeResidential
      • ViewCityLights
      • Property TypePurchase
      • Original List Price$450,000
      • MLS #25508593
      • MLS #25508593
      • Acres0.1463
      • Cost325000
      • Year Built1926
      • Square Feet900
      • Hoa Fees200
      • Pets AllowedYes
      • Bedrooms1
      • Bathrooms1
      • Full Baths1
      • Stories2

Location

Bill PavkovReal Estate Group
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