New Co-Ownership Opportunity: Discover a rare investment opportunity in one of LA's fastest-appreciating neighborhoods with this sophisticated top-floor corner unit in the historic Robinson Residences, combining timeless Spanish Revival architecture with modern, high-end renovations. Located just two blocks south of trendy Silver Lake and minutes from Echo Park and Downtown LA, this meticulously updated residence offers 900 square feet of light-filled living space at 240 Robinson Street, Unit 5. Priced at $325,000, this property is available as a 1/8 co-op ownership interest being converted to Tenants in Common (TIC), with ownership control designated for Unit 5. Features include a premium kitchen with high-end appliances, luxurious bathroom, in-unit laundry, high ceilings, and preserved historic architectural details throughout. With a tenant currently paying $2,295 monthly, minimal $200 HOA-equivalent fee, and continuing improvements including a planned rooftop patio deck, new keypad gate security, and professional landscaping at the front of the building, this property represents both immediate income potential and exceptional long-term appreciation. The property is strategically positioned near Silver Lake's boutique shopping, Echo Park's entertainment venues, and a quick commute to Downtown LA. As the inaugural offering in this exclusive TIC conversion project, the first buyer will benefit from a significant discount from the projected $500K+ valuation, full title recording at close of escrow for cash buyers, complete documentation of ownership rights, and professional guidance through the Ellis Act conversion process. It's a work in progress, but Unit 5 is ready now - excellent as an owner-occupied residence or, better yet, as an income-generating investment property. Note: No parking available with this unit.

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.