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1120 Logan St | Los Angeles CA | 7036983489

Roderick 'Rick' Raymundo Marcus &
$1,995,000

1120 Logan St, Los Angeles, CA 90026 - MLS 23-268384

Price:
$1,995,000
BR/BA:
10+ BR, 10+ BA
Location:
1120 Logan St, Los Angeles, CA
Description:

With current sales averaging approximately $1.79 per square foot, a new owner can nearly double the property's income by matching the area's market sales 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 sale 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. ". Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
4,912 sq. ft.
Amenities:
Wood Floors
For sale by:
Agent/Broker
Agent Name:
Roderick 'Rick' Raymundo Marcus & Millichap
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More About this Listing: 1120 Logan St, Los Angeles, CA 90026 - MLS 23-268384
1120 Logan St, Los Angeles, CA 90026 - MLS 23-268384 is a 10+ BR 10 Bathroom, 10+ BA Multi-Family Real Estate for Sale at 1120 Logan St in Los Angeles CA. Find other listings like 1120 Logan St, Los Angeles, CA 90026 - MLS 23-268384 and listings near 1120 Logan St by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Multi-Family Real Estate for Sale in Los Angeles CA.