12 months on rocket

1120 Logan St, Los Angeles, CA, 90026

$1,995,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
10 Baths
4,912 SqFt
$406/SqFt
House
Schools Nearby

Location

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1120 Logan St, Los Angeles$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingAssigned
Year Built1962
MLS #23268384
Lot Size0.14 Acres
StatusActive

About 1120 Logan St

With current rents averaging approximately $1.79 per square foot, a new owner can nearly double the property's income by matching the area's market rents that have surpassed $3.50 per square foot. One-quarter of the units have already been substantially upgraded, providing a blueprint for a new investor to follow and recapture the rent upside. Renovated units feature new wood flooring, quartz countertops, new custom cabinets, stainless steel appliances, tile backsplashes, new lighting, and remodeled bathrooms. Built in 1962, the property is nestled between Echo Park Lake and Sunset Boulevard, sitting just one block from both one of Los Angeles' most popular parks and one of the city's trendiest streets. As the neighborhood has gentrified in recent years, new shops and restaurants have emerged along both Sunset Boulevard and Glendale Boulevard, providing numerous destinations within blocks of the property. The building has therefore received a Walk Score of 93, with the immediate area considered a "Walker's Paradise."

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 4,912 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Roderick 'Rick' Raymundo

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Logan Street Elementary School, Public District Grades KG-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: We are pleased to announce the opportunity to purchase 1120 Logan Street, an eight-unit multifamily property located just one block from Sunset Boulevard within the Echo Park neighborhood of Los Angeles, CA.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $406/SqFt

Tax Information:

  • Annual Amount: $24,133
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1120 Logan St vs Los Angeles

361 DAYS ON ROCKET

+327 Days

$1,995,000

+$1.0M More

$406/SqFt

-$226 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $226/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23268384

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Roderick 'Rick' Raymundo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 21, 2019Home Sold
$1,910,000

Tax History

YEARPROP. TAXASSESSMENT
2021$24,133$1,968,703
2020$20,944$1,948,200
2019$20,832$1,697,932
2018$20,344$1,664,640
2017$20,344$1,632,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6698908
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.99 miles

  • Public Magnet Grades KG-6

school-card-donut-6698909
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 23.40 miles

  • Public Magnet Grades 1-5

school-card-donut-6698910
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 25.05 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6698911
3
/10

  • Logan Street Elementary School

  • 1711 Montana St

  • 0.24 miles

  • Public District Grades KG-8

school-card-donut-6698912
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.36 miles

  • Public District Grades 6-8

High School

school-card-donut-6698913
3
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.98 miles

  • Public District Grades 9-12

school-card-donut-6698914
2
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.07 miles

  • Public District Grades 9-12

school-card-donut-6698915
1
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.25 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,874. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1120 Logan St

What is the listing price of this property?

The listing price of 1120 Logan St property is $1,995,000.

What type of property is this?

The property 1120 Logan St is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 1120 Logan St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1120 Logan St are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Logan Street Elementary School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
Edward R. Roybal Learning Center: GreatSchools Rating 3/10
Belmont Senior High School: GreatSchools Rating 2/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $24,133 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 21, 2019 for $1,910,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1120 Logan St has 10 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 1120 Logan St is 4,912 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1120 Logan St is 1962.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›1120 Logan St

This home is located at 1120 Logan St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 4,912 square foot home, which was built in 1962, sits on a 0.14 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since May 10, 2023 and is currently priced at $1,995,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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