
240 Robinson St Unit 7 Los Angeles, CA 90026
Westlake NeighborhoodEstimated payment $1,186/month
Highlights
- City Lights View
- Spanish Architecture
- Laundry Room
- Wood Flooring
- Furnished
- South Facing Home
About This Home
New Co-Ownership Opportunity: ROBINSON RESIDENCES 240 Robinson Street, Los Angeles, CA 90026Now available: multiple units in one of LA's most innovative and attainable real estate opportunities. Robinson Residences is an 8-unit boutique building located in Historic Filipinotown (HiFi), just minutes from Silver Lake, Echo Park, and Downtown LA. The property is undergoing a legal conversion to Tenancy in Common (TIC) ownership, allowing buyers to secure exclusive rights to individual one-bedroom, one-bathroom units at a significant discount compared to nearby condos.TIC conversion is expected to be finalized within 810 months, at which point units will be eligible for traditional TIC refinancing and independent resale. Prices start at $150,000, with a $40,000 renovation option available for units requiring upgrades. Renovations are managed by Reshape Construction and include full interior rebuilds to match the standard of completed units. Common areas are 75% complete, with the front entry and rooftop patio among the final scheduled enhancements.All units will be delivered vacant, with seller covering tenant relocation. Buyers may choose to live in or rent out their units, with projected post-renovation rents estimated at $3,000/month. This is an ideal opportunity for both owner-users and investors seeking below-market pricing in a high-demand LA neighborhood. No parking included. Multiple units availablesearch "Robinson Residences" on the listing agent's website for full availability and details.
Open House Schedule
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Saturday, May 24, 20254:00 to 6:00 pm5/24/2025 4:00:00 PM +00:005/24/2025 6:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Co-Op
Year Built
- Built in 1926 | Remodeled
Lot Details
- 6,372 Sq Ft Lot
- South Facing Home
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Spanish Architecture
Interior Spaces
- 900 Sq Ft Home
- 2-Story Property
- Furnished
- City Lights Views
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Leased
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 5156-006-005
Community Details
Overview
- 8 Units
- Bre Investment Association, Phone Number (310) 906-5459
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/18/2025 05/18/25 | For Sale | $150,000 | -- | $167 / Sq Ft |
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Source: The MLS
MLS Number: 25540461

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