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240 Robinson Street, Los Angeles, CA 90026

$1,299,000 Approx. USD 8 beds, 8 baths
7,896 sqft

Agent Remarks

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!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 16-976217
List price is $1,299,000 Reduced by $26,000 on 2/23/2016
Beds: 8
Baths: 8
Built in 1926
7,896 sqft
County: Los Angeles
Zoning: LARD2
Parking type: Other
Interior features: Other
Heating description: Other
MLS area: Silver Lake - Echo Park (C21)

Last Updated: 11/1/2016

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This listing belongs to the Silver Lake - Echo Park (C21) MLS area

The listing is zoned LARD2.
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Lat/Long: 34.075120, -118.282080.
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Broker: Courtesy of Keller Williams-Santa Monica
Listing Agent: David Bramante

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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