128 Robinson Street
128 Robinson Street
$2,450,000
12
12
10,080
10,080
$243
Sold 8/11/22
Description
We are pleased to present this value-add, twelve (12) unit, investment opportunity located at 128 and 134 Robinson Street. The two (2), 6-unit, 5,040 square foot buildings are situated on their own 7,200 square foot parcels, zoned LARD2. These charming two-story apartment buildings have a central courtyard that separate the buildings with access to the rear alley. The buildings each have their own carport as well as open parking off the alley. The properties have a nice setback which afford open...We are pleased to present this value-add, twelve (12) unit, investment opportunity located at 128 and 134 Robinson Street. The two (2), 6-unit, 5,040 square foot buildings are situated on their own 7,200 square foot parcels, zoned LARD2. These charming two-story apartment buildings have a central courtyard that separate the buildings with access to the rear alley. The buildings each have their own carport as well as open parking off the alley. The properties have a nice setback which afford open space for gardening. The unit mix is 4 studios, 4 one bedroom one bath and 4 two bedroom one bath. This building is located the Rampart Village neighborhood of Los Angeles, which is adjacent to Koreatown to the West, Silver Lake to the North and Downtown Los Angeles to the East. The Koreatown submarket remains one of the strongest rental submarkets in the city. This is a great opportunity for a value-add investor, as the rents are approximately 50% below market and room to add ADU's. The residents have a wide range of amenities close by such as restaurants, shopping, medical clinics, and recreation areas such as MacArthur Park and Lafayette Park. The property's central location has access to the 101, 110 and 10 freeways.
Listing Agent
Property Details for 128 Robinson Street
Zoning
LARD2
Parcel Number5156005018
Total Units12.0
Living Area10080
Source Living AreaAssessor
AreaSilver Lake (671)
Vacancy Rate0
Lot Size Area14400
Location
LISTING UPDATED: 04/16/2024 11:51 AM
Property Details for 128 Robinson Street
Status | Sold |
---|---|
MLS # | 22-172253 |
Days on Market | 11 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1917 |
Lot Size | 0.33 AC / 14,400 SF |
County | Los Angeles County |
Location
Virtual Tour
Building Information for 128 Robinson Street
Stories2Residences-Year Built1917Building Size-Lot Size0.33 AC / 14,400 SF
Payment Calculator
$14,687 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 128 Robinson Street
Property History for 128 Robinson Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 128 Robinson Street
Taxable ValueLand$1,040,000Additions$186,560Total$1,226,560
Tax Record2023$15,792 ($1,316 / month)
Home Facts
Total Finished SqFt5,040 SqFtAbove Grade Finished SqFt5,040 SqFtLot Size7,201 SqFtStyleMulti-Family Res (5+ Units)Year Built1917ZoningLARD2CountyLOS ANGELESAPN5156-005-018
Schools near 128 Robinson Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Commonwealth Avenue Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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