WHY PAY RENT WHEN YOU CAN OWN FOR THE SAME COST? Live in one, 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.
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.
Property Details
Price:
$799,000
MLS #:
PW26094375
Status:
Active Under Contract
Beds:
5
Baths:
5
Type:
Single Family
Subtype:
Duplex
Neighborhood:
boyhboyleheights
Listed Date:
Oct 3, 2026
Finished Sq Ft:
2,995
Lot Size:
7,504 sqft / 0.17 acres (approx)
Year Built:
1932
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
5 Full Bathrooms
Cooling
None
Laundry Features
In Kitchen
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Common Walls
No Common Walls
Community Features
Curbs, Urban, Sidewalks, Suburban, Park
Covered Spaces
2
Garage Spaces
2
Lot Features
Yard
Parking Spots
2
Parking Total
2
Stories
1
View
Neighborhood
Financial
Map
Community
- Address926 Spence Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- Other – 0011
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 10, 2026
5,033
Single Family Listed
104
Avg DOM
528
Avg $ / SqFt
$2,016,168
Avg List Price
Property Summary
- 926 Spence Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90023. It is listed for $799,000 and features 5 beds, 5 baths, and has approximately 2,995 square feet of living space, and was originally constructed in 1932. The current price per square foot is $267. The average price per square foot for Single Family listings in Los Angeles is $528. The average listing price for Single Family in Los Angeles is $2,016,168.
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Courtesy of Silva Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.926 Spence
Los Angeles, CA