926 Spence

Los Angeles, CA 90023
  • $799,000

    Price
  • 5

    Bed
  • 5

    Bath
  • 2,995

    SqFt

About the Listing PB15731 - PSILVMAT

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.

Listing Highlights

Status Active
Days on Site 121
Property Type Residential
MLS ® PW26094375
Year Built 1932
Total Square Footage 2,995
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: All Bedrooms Down
  • Water: Public

Exterior Details

  • Lot Description: Yard,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5188016015
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

926 Spence Los Angeles, CA 90023

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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