In Contract listing

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In ContractResidential · sale

926 Spence

Los Angeles, CA 90023

$799,000

  • 5 beds
  • 5 baths
  • 2,995 sq ft
  • 0.17 acres
  • Built 1932

Listed by Silva Real Estate · MLS #PW26094375

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PROPERTY QUESTIONS & SHOWINGS

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926 Spence, Los Angeles, CA 90023 · MLS #PW26094375

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light.

Year built

Built in 1932.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

WHY PAY RENT WHEN YOU CAN OWN FOR THE SAME COST? Live in one, rent out the others. 3 Units with 3 bedroom 2 bath home delivered vacant. Rare find so close to downtown LA, where you can live in 1 unit and have 2 more units pay you rent. The 3-bed, 2-bath was never a rental property and sits next to an oversized 2-car garage with workshop, a perfect layout for an ADU.



The primary residence, tucked privately in the rear building, features 3 beds and 2 baths. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The master bedroom has a huge private bathroom, and a long hallway for the additional bedrooms makes for conversion to Air-BNB type rental, easy.



The front building offers 2 oversized 1 bed, 1 bath units with reliable, long-term tenants already in place, providing immediate passive income to make your mortgage feel like rent.



The property also includes a massive, standalone two-car garage with a built-in workshop, perfectly positioned for a future ADU conversion, home office, or fourth rental income stream.



This isn’t just a starter home; it’s a strategic investment in your future. Whether you are looking to live for a fraction of the cost or maximize your investment portfolio, this compound delivers versatility that a standard single-family home simply can't match. Don't just move in—move up. Schedule your tour today and see how this property can start working for you.

THE NEIGHBORHOOD

Explore the location.

926 Spence, Los Angeles, CA 90023

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1932
Full baths
5
Garage spaces
2
Cooling
None
Pool
No
Pool features
None
Parcel
5188016015
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #PW26094375 · California Regional MLS

Listing brokerage: Silva Real Estate
Listing agent: Matthew Silva

Listing status: In Contract. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.