$150,000

Est. payment - /mo

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1 Bed

1 Bath

900 SqFt

Open Sat 4PM-6PM

240 Robinson St #7 Los Angeles, CA 90026

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Marlyn Kamibayashiyama

marlyn4k@gmail.com +1(702) 325-8918

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Sat May 24, 4:00pm - 6:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $166

MLS Listing ID 25540461

Style Spanish

Bedrooms 1

Full Baths 1

Construction Status Updated/Remodeled

HOA Fees $200/mo

HOA Y/N No

Year Built 1926

Lot Size 6,372 Sqft

Acres 0.1463

Property Sub-Type Condo

Property Description

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.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Building/Complex Name Robinson Residence

Zoning LARD2

Rooms

Dining Room 0

Interior

Heating Wall

Cooling Wall/Window, Window Unit(s)

Flooring Vinyl Plank, Vinyl, Hardwood

Fireplaces Type None

Equipment Dishwasher, Range/Oven, Refrigerator, Washer, Dryer

Laundry In Unit, Inside

Exterior

Parking Features None

Pool None

Amenities Available None

Waterfront Description None

View Y/N Yes

View City, City Lights

Building

Story 2

Architectural Style Spanish

Level or Stories One

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

Pets Allowed Yes

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by LOOM REALTY

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+1(702) 325-8918

marlyn4k@gmail.com