926 Spence, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:ERA Donahoe Realty
926 Spence,Los Angeles, CA 90023
$798,988
  • - Beds
  • - Baths
  • 2,990 sq. ft.
  • Multi-family
  • Active
Listed by: matthew silva
Office: silva real estate562-521-8575
MLS#:PW26099376
Source:CRMLS

Price summary

  • Price:$798,988
  • Price per sq. ft.:$267.22

About this home

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. 926 Spence Street is a huge opportunity in Historic East Los Angeles, specifically tailored for investors or houseowners looking to leverage a Trust Sale into a generational wealth-building project. This sprawling 7,500-square-foot lot, zoned for Quadruplex use, is currently used as a 3 compound with a detached oversized garage begging to be converted into an ADU. By acquiring this asset, an investor secures a primary 3-bedroom, 2-bathroom rear residence ($4,000/mo market) in the back, with 2, 1-bedroom units (928 & 930) in front providing immediate, stable cash flow of $2,920/mo from long-term tenants. The "campus-style" layout gives you separation,...

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Home facts

  • Year built:1932
  • Listing ID #:PW26099376
  • Added:152 day(s) ago
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Living area:2,990 sq. ft.

Structure and exterior

  • Year built:1932
  • Building area:2,990 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Front Yard, Lawn, Yard
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$798,988
  • Price per sq. ft.:$267.22

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:8
  • Parking description:1 Carport Space(s), Carport, Door-Multi, Garage
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:1
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