334 Robinson, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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334 Robinson
Los Angeles, California 90026
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,960Sq Ft
9,035Lot Size
Property Price
LIST PRICE$1,175,000
EST. MARKET VALUE
$1,215,340
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Value-Add Triplex listed at $1,250,000, positioned slightly above the $1,213,512 Fair Market Value. Featuring RAS3 Zoning and a 9,032 SF lot, the property offers significant density upside, including a path to restore a 4th legal unit and potential for 4 ADUs. With a Condition Rating of 4, the asset benefits from recent core infrastructure upgrades. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking to capture substantial rent upside and long-term appreciation.
Estimated Market Value
$1,215,340+$40,340 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 334 Robinson Subject 0 bd · 0 ba · 2,960 sqft · $411 | $1,175,000* List Price | 0 | 0 | 2,960 | $411 | - |
A 523 N Lake Active 0 bd · 0 ba · 2,618 sqft · $381 · 0.8 mi | $998,000 List Price | 0 | 0 | 2,618 | $381 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1924, this 'value-add' triplex has upgraded core systems (roof, electrical, and copper plumbing), but the interiors likely require cosmetic updates to achieve market rents. The exterior shows age-appropriate wear, and the lack of recent interior renovation details suggests a dated condition typical of properties with high rent upside.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Potential
The oversized 9,032 SF lot with RAS3 zoning offers significant density upside, including a path to restore a 4th legal unit and the potential for up to 4 ADUs under SB 1211 ministerial approval.
- Strategic Value-Add Opportunity
With a vacant 4BD/2BA front unit ready for immediate market-rate leasing and rear units boasting over 210% rent upside, the property offers a clear path to a 6.15% pro forma cap rate.
- Key Infrastructure Upgrades
The seller has already completed essential capital improvements, including a new roof, copper plumbing, and upgraded electrical panels, significantly reducing immediate deferred maintenance costs.
CONSRISKS & DEFICIENCIES
- Title and Occupancy Discrepancy
The property is recorded as a fourplex on title but only has a confirmed 3-unit Certificate of Occupancy, requiring the buyer to navigate the legal restoration process for the additional unit.
- Tenant-Related Upside Lag
Realizing the full pro forma potential is dependent on the turnover of the rear duplex units, which may involve long-term management of existing tenancies to capture the projected 210% rent increase.
About 334 Robinson
Value-add triplex. 4BD/2BA front unit delivered vacant is ready for an owner-user to move right in, or for immediate lease-up at $4,500/mo market rent. Live in front and let the rear duplex help pay the mortgage. Rare 9,032 SF lot in Silver Lake-adjacent Los Angeles (90026). Offered at $1,175,000 ($396/SF). Seller has upgraded the roof, electrical panels, and copper plumbing throughout. RAS3 zoning, confirmed 3-unit C of O but recorded as a fourplex on title, with a path to restore the 4th legal unit (buyer to verify). Lot size and unit count may also qualify for up to 4 ADUs by-right under SB 1211’s ministerial approval (buyer to verify). Rear duplex carries 210%+ rent upside on turnover. 4.91% current cap rate / 6.54% pro forma, no construction required. Last non-redeveloped lot on this block of Robinson St; every neighboring parcel already rebuilt as new construction. Minutes to Silver Lake, Echo Park, East Hollywood, Koreatown, Larchmont.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1924
- Lot Size
- 9,035 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,960 | 2,090.331 |
| Lot Size | 9,035 | 5,852.908 |
| Price | $1.18M | $830.9K |
| Price per sq ft | $397 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 39 | 87 |
Pricing History
Listed for Sale
Oct 31, 2026
$1,175,000
$1,250,000
-6% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$1,250,000
Initial Listing
Sold
Mar 31, 2009
$380,000
Public Record
Sold
Jan 7, 2003
$315,000
Public Record