1123 Logan St, Los Angeles, CA 90026
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1123 Logan St Los Angeles, CA 90026

$1,172,500 Sold Price as of 10/20/2023
  • 3 Beds
  • 3 Baths
  • 1,954 Sq.Ft.
Sold
$1,172,500 Sold Price as of 10/20/2023 Refinance Your Mortgage

Map preview of 1123 Logan St, Los Angeles, CA 90026

Property Overview: 1123 Logan St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,954 living square feet and 6,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the heart of Echo Park--right between Sunset Blvd and Echo Park Lake--and just minutes to Downtown L.A. and Dodger Stadium. The main structure has 2 vacant units. The downstairs unit has 2 spacious bedrooms and 1 bathroom, along with an oversized kitchen, large laundry room, formal dining room, living room with a fireplace, and a perfect extra nook for an office. There are beautiful original wooden built ins, craftsman ceiling beams, and hardwood floors. Both bedrooms and the family room also have individual air conditioning units. The upstairs unit is a 1 bedroom, 1 bath unit with a large office. The 3rd unit is a studio apartment and is currently rented to an agreeable tenant. The spacious backyard has fruit trees, a large concrete patio, and a storage room in the rear. The studio apartment also has its own private back patio.This fantastic triplex is just blocks from amazing dining, nightlife, and shopping. The property is gated, has a long private driveway, and there is plenty of off-street parking. This property is perfect for buyers looking for a home that also generates income or for those solely looking for an income property. Rents in Echo Park are strong, so don't let this gem pass you by!

Listed by Aaron Van Wagner | BRE #01321742 | COMPASS
Last checked: 2 minutes ago | Last updated: October 20th, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,497
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
P1-14819
City
Los Angeles
County
Los Angeles
Time on Site
390 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $850
  • Total Rent: --
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,200
  • Net Operating Income: $4,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $350
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1123 Logan St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Off Street, Street
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5404017009
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: South of Sunset Blvd, North of Echo Park Lake
Neighborhood Information
  • Community Features: Storm Drains, Urban, Sidewalks, Street Lights
View more facts & features

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Sale History for 1123 Logan St

Last sold for $1,172,500 on October 20th, 2023
  • October, 2023

  • Oct 20, 2023

    Date

    Sold

    CRMLS: P1-14819

    $1,172,500

    Price

  • Aug 23, 2023

    Date

    Active

    CRMLS: P1-14819

    $1,249,000

    Price

  • October, 2008

  • Oct 24, 2008

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • November, 2006

  • Nov 29, 2006

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

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Tax History for 1123 Logan St

Assessed Value (2020): $628,488
Year Land Value Improved Value Assessed Value
2020 $441,556 $186,932 $628,488

Home Value Compared to the Market

This property vs the competition

1123 Logan St sold on October 20, 2023 for 11.52% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $639.2 per/sqft which puts the price per square foot 11.71% lower than the current median sale per square foot for the city of Los Angeles.

About 1123 Logan St

Detailed summary of property

1123 Logan St is a triplex that recently sold in Los Angeles, CA 90026. This triplex offered 3 bedrooms, 3 bathrooms, roughly 1,954 living square feet, and sits on an approximately 6,497 square foot lot. 1123 Logan St was first listed on ArdentRealEstateGroup.com on August 26, 2023. The homeowner sold the property for $1,172,500. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 11.52% higher than the current median priced home. Local homes that are currently for sale include 250 N Alvarado St, 1762 Glendale Blvd and 316 N Bixel St. While the average home in Los Angeles, CA is selling in 106 days, 1123 Logan St has a days on market of 56 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1123 Logan St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1123 Logan St

Public county record property details
Beds
3
Baths
3
Year built
1909
Sq. Ft.
1,954
Lot Size
6,497
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
5404-017-009

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.