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New Co-Ownership Opportunity: a beautifully renovated large one-bedroom in the historic Robinson Residences for just $315,000 - an incredible value with comparable units in the area selling for $500,000! This top-floor corner unit showcases a lavish $50K renovation with brand-new premium appliances throughout its generous 900 square feet. Currently tenant-occupied at $2,295 monthly (can remain for immediate income or be delivered vacant), this property projects future rental income of $2,995 per month, making it an outstanding investment with substantial upside. All cash buyers preferred, though seller financing available with 50% down for qualified buyers. Ideally situated minutes from Silver Lake, Echo Park, and Downtown LA, with exciting building improvements coming, this co-ownership opportunity presents a rare chance to secure a turn-key residence or high-performing rental property in one of LA's hottest neighborhoods at a fraction of surrounding condo prices!Save hundreds of thousands of dollars by buying a co-op property - the newest trend in Los Angeles real estate because of skyrocketing interest rates and prices! This incredible opportunity won't last long - act now to secure this gem before it's gone! Don't miss your chance to break into one of LA's most desirable markets at a price point that's simply unbeatable in today's market!
Last Updated | 4/8/2025 | Year Built | 1926 |
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Community | Silver Lake - Echo Park | County | Los Angeles |
Price History
Prior to Mar 10, '25 | $450,000 |
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Mar 10, '25 - Mar 15, '25 | $395,000 |
Mar 15, '25 - Mar 28, '25 | $350,000 |
Mar 28, '25 - Apr 7, '25 | $325,000 |
Apr 7, '25 - Apr 8, '25 | $324,950 |
Apr 8, '25 - Today | $315,000 |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
AREA | Silver Lake - Echo Park |
GARAGE | None |
HEAT | Wall Furnace |
HOA DUES | 200 |
LOT | 6372 sq ft |
PARKING | None |
POOL DESCRIPTION | None |
STORIES | 1 |
STYLE | Spanish |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
ZONING | LARD2 |
Location
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