926 Spence, Los Angeles, CA 90023 | MLS #PW26094375 | Berkshire Hathaway HomeServices Troth, REALTORS®
 
Listing provided courtesy of Silva Real EstateMLS# PW26094375MLS Provider
  • 60 days on site
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MOVE IN READY, 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 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.

Source: CRISNET, MLS#: PW26094375

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  • Property Type
    Residential
  • Lot
    0.17 acres

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  • Median Age
    31
  • Population Density
    10,923
  • College Educated
    11%
  • Estimated Median Income
    $45,991
  • Estimated Total Home Owners
    3,029
  • Estimated Total Renters
    8,544
  • Owner / Renter Divide
    26% / 74%
  • Estimated Average Household Size
    4
  • Total Population
    46,517
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 926 Spence


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: CRISNET Price Reduction
$798,988 -0.0%
6/3/2026Source: CRISNET Price Reduction
$798,988 -0.0%
5/23/2026Source: CRISNET Price Reduction
$799,000 -11.1%
5/23/2026Source: CRISNET Price Reduction
$799,000 -11.1%
5/6/2026Source: CRISNET Added to Database
May 06, 2026
5/1/2026Source: CRISNET Added to Database
May 01, 2026