$150,000
OPEN SAT 4PM - 6PM

Estimated payment $1,186/month

Total Views 349
1 Bed
1 Bath
900 Sq Ft
$167 Price per Sq Ft

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.

Listing Agent

David Levine Bramante

LOOM REALTY License #01511588

LOOM REALTY

Open House Schedule

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

Property Details

Home Type

Co-Op

Year Built

Built in 1926 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Robinson Residence
  • Entry Floor: 5
  • Living Area: 900
  • Lot Acreage: 0.1463
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 5
  • Year Built: 1926
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: OpenHouse
  • Property Sub Type: Coop

Interior Features

  • Flooring: Vinyl Plank, Vinyl, Hardwood
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit, Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
  • Fireplace: No
  • Price Per S Q F T: 166.67

Exterior Features

  • Direction Faces: South
  • Pool: No
  • View: City, City Lights
  • View: Yes

Utilities

  • Cooling: Wall/Window, Window Unit(s)
  • Heating: Wall
  • Security: Leased, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 200.00
  • Management Company: BRE Investment
  • Mgmt Co Phone: 3109065459|
  • Phone: 3109065459|
  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5156-006-005
  • Lot Size Area: 6372

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 For Sale $150,000 -- $167 / Sq Ft
Source: The MLS

Similar Home in Los Angeles, CA

  • 240 Robinson St Unit 6, Los Angeles, CA 90026

    $175,000

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • 240 Robinson St
    • Unit 6
    • Los Angeles, CA

    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

    David Levine Bramante LOOM REALTY

    Section Image

Source: The MLS

MLS Number: 25540461

The MLS