NOT LISTED FOR SALE

240 Robinson St Los Angeles, CA 90026

Westlake Neighborhood
8 Beds
8 Baths
7,896 Sq Ft
6,370 Sq Ft Lot

Last Sold April 05, 2016

Last sale price $1,250,000 $158 Per Sq Ft

58 Days on Market

About This Home

As of April 2016

We're proud to announce an exclusive listing for sale of 240 Robinson Street, Los Angeles, CA 90026. This extremely large 8-unit apartment building is only a few blocks south of Silver Lake in the neighborhood known as Historic Filipinotown. This up-and-coming location is a quiet and sleepy pocket of the city, and is ideal for tenants because they're near the 101-freeway, seconds from Silver Lake and Echo Park, and only a few minutes from Hollywood and Downtown LA. The building's facade and interior details are beautiful 1920s Spanish revival. This center hallway, two-story building is a diamond in the rough and needs some attention. The actual apartments are one-bedroom / one-bathroom and are huge, about 1,000 SF each. The rents stated are actual as the tenants have lived there for many years and the property was mismanaged financially. The potential upside on this beauty is huge with pro forma rents between $1795 to $1,995 per month. This is an amazing opportunity for investors!

Last Agent to Sell the Property

David Levine Bramante

LOOM REALTY License #01511588 Listed on: 01/27/2016

LOOM REALTY

Last Buyer's Agent

OUT OF AREA

License #0

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,370 Sq Ft Lot

Home Design

  • 7,896 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5156-006-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7896
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 164.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Lot Info

  • Assessed Improvement Value: 100000
  • Assessed Land Value: 600000
  • Assessor Parcel Number: 5156-006-005
  • Geocode Override: No
  • Lot Size Area: 6370

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 23.40
  • Number Of Units: 8
  • Rent Control: 100%
  • Total Annual Expense: 36588
  • Type Of Units: Multifamily
  • Vacancy Rate: 0%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
04/05/2016 04/05/16 Sold $1,250,000 -10.1% $158 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $1,390,000 -- $176 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Levine Bramante

    Seller's Agent in 2016

    David Levine Bramante

    LOOM REALTY

    (310) 906-5459

    1 in this area

    10 Total Sales

    David Levine Bramante
    Section Image

  • O

    Buyer's Agent in 2016

    OUT OF AREA

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Map

Source: The MLS

MLS Number: 16-976217

The MLS
California Los Angeles County Los Angeles 90026 Westlake

240 Robinson St, Los Angeles, CA

This home is located at 240 Robinson St, Los Angeles, CA 90026 since 27 January 2016. This property was built in 1926. 240 Robinson St is a home located in Los Angeles County with nearby schools including Commonwealth Avenue Elementary School, Virgil Middle School, and Belmont High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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