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.

Key Features

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

Property Details

1 story
5 full
2-car garage
1932
Listing Description

WHY PAY RENT WHEN YOU CAN OWN FOR THE SAME COST? Live in 1, 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 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.

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

Questions & Answers

This 5-bedroom, 5-bathroom multi-family at 926 Spence is listed at $799,000 ($267/sqft). The estimated monthly payment is $4,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1932, 0.17 acre lot, 2 parking spaces.

This property is listed by Matthew Silva.

MS

Matthew Silva

License 01380645

Agent at Silva Real Estate

Listed by Silva Real Estate · Broker phone: (714) 742-2636 · Broker website

MLS# PW26094375· Source: California Regional Multiple Listing Service, Inc· 180 days on PropertySimple

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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