240 Robinson Street #5
Los Angeles, CA 90026
900 sqft | 1 bed | 1 bath | 0.15 acres | #25508593
Description
New Co-Ownership Opportunity: t Robinson Residences, 240 Robinson St, 90026! Secure a 1/8th LLC membership interest, granting exclusive use of a specific unit via a 99-year, $1/month lease (coop-style living pending TIC conversion), in this prime LA location near Silver Lake, Echo Park, and Downtown. All-cash offers only, priced for immediate sale. All units delivered vacant! TIC conversion is actively underway (est. 8-10 months), presenting significant upside potential. Current available interests: Unit 5 (fully renovated) offered at $200,000; Units 1, 2, and 6 offered at $150,000 each; Units 3, 4, 7, and 8 offered at $125,000 each. Benefit from building-wide upgrades including a new secure entry and a rooftop patio. Monthly maintenance fee is $200, plus quarterly pro-rata share of building water, sewer, insurance, and property taxes. This is a rare chance for savvy investors or owner-occupiers!
Property Details
- CountyLos Angeles
- Property SubtypeResidential
- ViewCityLights
- Property TypePurchase
- Original List Price$450,000
- MLS #25508593
- MLS #25508593
- Acres0.1463
- Cost200000
- Year Built1926
- Square Feet900
- Hoa Fees200
- Pets AllowedYes
- Bedrooms1
- Bathrooms1
- Full Baths1
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: David Bramante (#CLW-X71693)
Listing Office: LOOM REALTY (#CLW-X83198)
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