926 Spence, Los Angeles CA 90023 | $798,988

  • 5 bedrooms
  • 5 bathrooms
  • 2,995 Sq Ft
  • 7504 Lot Sq Ft
  • Type: Residential
  • Stories: 1
  • Year Built: 1932
  • MLS#: 306707775
  • Community:

Listing provided courtesy of Matthew Silva of Silva Real Estate. Last updated . Listing information © 2025 SANDICOR.

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 isnt just a starter home; its 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 inmove up. Schedule your tour today and see how this property can start working for you.

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Johnny Noris

Call or Text: 858.349.7170