1414 Lake Shore, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath
1414 Lake Shore
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1414 Lake Shore, Los Angeles, California 90026 is currently available with a list price of $1,500,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this quadruplex is well-maintained but shows its age with original 1990s-style cabinetry, countertops, and fixtures in the kitchens and bathrooms. While the property is functional and move-in ready for tenants, it lacks the modern updates required for a 'good' or 'excellent' rating, fitting the criteria for a property built 25-40 years ago with no major recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Investment Potential
As a quadruplex in the high-demand 90026 zip code, this property offers a rare opportunity for significant rental income or an owner-user to occupy one unit while offsetting the mortgage.
- Modern Construction for Area
Built in 1992, this building is much newer than the surrounding vintage inventory, likely offering superior seismic safety, updated electrical systems, and lower immediate maintenance requirements.
- Access to High-Rated Schools
The property is zoned for several well-regarded institutions, including Clifford Street Elementary and John Marshall Senior High, both boasting a rating of 8, which drives consistent tenant demand.
CONSRISKS & DEFICIENCIES
- Compact Unit Sizes
With only 2,028 total square feet across four units, the average unit size is approximately 500 square feet, which may limit the tenant pool to individuals or couples and restrict premium rent levels.
- Aggressive Pricing
The list price of $1.5 million reflects a high price-per-square-foot for a residential income property, which may challenge investors looking for a high initial capitalization rate in the current market.
About 1414 Lake Shore
Exceptional opportunity in Los Angeles. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1992
- Lot Size
- 6,094 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 • 0.5 mi
Clifford Street Elementary School
Grades K-6 • 0.7 mi
Rosemont Avenue Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,028 | 2,028 | 50% |
| Lot Size | 6,094 | 5,892 | 54% |
| Price | $1.50M | $1.20M | 85% |
| Price per sq ft | $740 | $559 | 85% |
| Built year | 1992 | 1929 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 197 | 8% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,500,000
Initial Listing
Sold
Dec 31, 1997
$162,000
Public Record