240 Robinson ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,896 sqft
Price per Sqft $12
MLS Listing ID 25577871
Bedrooms 8
HOA Y/N No
Year Built 1926
Lot Size 6,372 Sqft
Property Description
We are presenting a straightforward investment opportunity to secure a 25% return, turning a $100,000 investment into a projected $125,000 within an 18-month timeframe. This opportunity is centered on an 8-unit apartment building we own in a prime Los Angeles location, Historic Filipinotown, strategically positioned to capitalize on the high demand and appreciating values of the adjacent Silver Lake and Echo Park markets. As the current owners, we have already mitigated the primary risks by investing over $500,000 in foundational upgrades and have completed a full, high-end renovation of a model unit to serve as tangible proof of our strategy and quality standards. Investor capital is being sought not for acquisition or preliminary work, but specifically to fund the final cosmetic renovations and legal structuring required to sell each of the eight units individually at their maximum market value. This represents a well-defined, asset-backed opportunity to partner with an experienced ownership team on a project that is already substantially de-risked and in motion. We invite accredited investors to contact us for a comprehensive investment summary and a private tour of the completed model unit to witness the project's potential firsthand.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5156006005
Special Listing Condition Standard