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About This Home

This 5-bedroom, 5-bathroom multi-family at 926 Spence in Los Angeles, CA is listed for $799,000 ($267 per sqft). Built in 1932, the home offers 2,995 sqft of living space on a 0.17 acres lot.

Agent Description

Why buy a regular house when you can buy one that pays you? This is the ultimate once-in-a-lifetime opportunity to secure a property that functions as both a spacious home and a powerful passive-income machine. Best of all, the seller is open to buyers using no money down programs with free grant money offered by our preferred lender.

The primary residence, tucked privately in the rear building, features three oversized bedrooms and two bathrooms. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The front building offers two oversized one-bedroom units with reliable, long-term tenants already in place, bringing you 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.

Key Features

  • Built in 1932
  • 0.17 acre lot
  • 2 parking spaces

Property Details

1 story
5 full
2 spaces
1932

Monthly Cost Estimate

$4,273/mo

20% down · 6.5% · 30 years

Principal$578
Interest$3,462
Insurance$233

Estimates only. Actual payments may vary.

Location

926 Spence

Los Angeles, CA 90023

Features & Amenities

Exterior Features

Community Features Included: CurbsUrbanSidewalksSuburbanParkYard

Property Details

Cooling

None (Cooling)

Questions & Answers

This 5-bedroom, 5-bathroom multi-family at 926 Spence is listed at $799,000 ($267/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.

Key features include: Built in 1932, 0.17 acre lot, 2 parking spaces. Exterior Features: Community Features Included: Curbs, Urban, Sidewalks.

This property is listed by Matthew Silva and can be reached at 5625218575 or matt@silvareal.com.

MS

Matthew Silva

Agent at Silva Real Estate

(562) 521-8575

Listed by Silva Real Estate · View on Broker Site

MLS# PW26094375· Source: listhub· Updated 31 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

926 Spence, Los Angeles, CA 90023

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