1129 Logan, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
1129 Logan
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1129 Logan, Los Angeles, California 90026 reveals a property with a current list price of $1,649,900, which is 7% above the estimated $1,520,707 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1129 Logan Subject | $1,649,900* List Price | 3 | 2 | 1,372 | $1,108 | - |
A 1409 Waterloo Street Sold | $1,850,000 | 3 | 2 | 1,475 | $1,254 | 0.5 mi |
B 1411 N Coronado Street Sold | $1,230,000 | 3 | 1 | 1,144 | $1,075 | 0.6 mi |
C 1427 N Coronado Street Sold | $1,508,215 | 4 | 2 | 1,364 | $1,106 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1909, this property is aged but appears to have been maintained. The kitchen features dated tile flooring, basic white cabinets, and functional but not modern appliances. Bathrooms are very simple and functional, but lack contemporary finishes. Hardwood floors throughout show wear, and while some updates like recessed lighting are present, the overall aesthetic and components suggest renovations were done some time ago (likely 15-30 years) and now require further modernization. The property is livable but needs significant cosmetic updates to meet current buyer expectations, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Potential
The property offers significant development upside, with city approval for building 2 additional units in the back and adding to the main home, allowing for a potential total of 4 units, ideal for investors and builders.
- Prime Echo Park Location
Situated within walking distance to the iconic Echo Park Lake and close to vibrant parks, trendy cafes, boutiques, and cultural hubs, offering a highly desirable and walkable lifestyle.
- Versatile Layout & Renovation Potential
The existing residence features a versatile layout with 3-4 bedrooms and 2 bathrooms, providing ample space and tremendous potential for renovation, expansion, or custom upgrades to suit various visions.
CONSRISKS & DEFICIENCIES
- Age and Implied Renovation Needs
Built in 1909, the existing 'charming residence' likely requires substantial renovation, modernization, and potential infrastructure upgrades, implying significant additional investment beyond the purchase price.
- Uncertainty of Development Approval Process
While development potential is highlighted, the description advises buyers to 'check with the city for more information,' indicating that the full approval process and associated costs are the buyer's responsibility and not yet finalized.
- Proximity to Lower-Rated School
The closest elementary/middle school, Logan Street Elementary, has a rating of 2, which could be a deterrent for potential owner-occupants with school-aged children seeking highly-rated local schools.
About 1129 Logan
***EXCEPTIONAL INVESTMENT OPPORTUNITY IN ECHO PARK*** Located at 1129 Logan St, Los Angeles, CA 90026, this charming residence offers a unique opportunity for both homeowners and developers. Situated within walking distance to the iconic Echo Park Lake, the property provides a perfect blend of location, potential, and community vibe. The existing home features three generous bedrooms, an additional room suitable as a fourth bedroom, and two full bathrooms, providing ample space for comfortable living. Its versatile layout offers tremendous potential for renovation, expansion, or custom upgrades to suit your vision. ***Development Potential*** ACCORDING TO Senior Architect | Office of Historic Resources Los Angeles City Planning: City will allow new owner to build 2 additional units in the back of the property plus also add to the main Home. (Potential for 4 units in total) *Please check with the city for more information.* This property is ideal for investors or builders looking to capitalize on Echo Park’s dynamic growth. Zoning allows for the development of up to four additional units, making it a prime site to create a multi-unit residential complex. The neighborhood’s high demand for boutique, walkable living spaces ensures excellent prospects for rental income or future sale. Enjoy proximity to vibrant parks, trendy cafes, boutiques, and cultural hubs, all within a short walk. This property represents a rare chance to own a piece of one of Los Angeles’ most desirable neighborhoods with significant development upside. *** I WILL PROVIDE MORE INFORMATION FROM THE CITY OF ECHO PARK ABOUT DEVELOPING IF NEED IT *** ***Don’t miss this outstanding opportunity to invest, develop, and be part of Echo Park’s thriving community***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1909
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mayberry Street Elementary School
Grades K-6 • 0.7 mi
Rosemont Avenue Elementary School
Grades K-5 • 0.7 mi
Betty Plasencia Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,372 | 1,511.5 | 37% |
| Lot Size | 6,500 | 5,198.5 | 68% |
| Price | $1.65M | $1.51M | 58% |
| Price per sq ft | $1.2K | $907 | 82% |
| Built year | 1909 | 1925 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 163 | 23% |
Pricing History
Listed for Sale
Oct 30, 2025
$1,649,900
Initial Listing
Sold
May 6, 2022
$1,272,500
Public Record
Sold
Oct 7, 2019
$1,090,000
Public Record
Sold
Aug 5, 2015
$17,800,000
Public Record