926 Spence , Los Angeles, CA 90023
$799,000
Est. Payment: $4,232.03/mo
5 Bed
5 Bath
2995 Sqft
Status: Pending | Days on site: 132
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PB15731 - PSILVMAT
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House Description

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.

Highlights

Listed by Matthew Silva , 562-521-8575 Silva Real Estate , 562-521-8575. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
0.17

Year Built

1932

County

Los Angeles

Area

BOYH - Boyle Heights

School District

Los Angeles Unified

Listing ID

PW26094375

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:5
  • Full Bathrooms:5
Other:
  • Additional:All Bedrooms Down
Water:Public

Exterior Features

Lot:Yard,No Land Lease
Garage Capacity:2
Others:
  • Additional:2+ Total Units, Has ADU
Sewer:Public Sewer
Principal Interest
$4,232
Taxes
$509

Home Price

$799,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,232.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,232.03 $509.36 $0.00 $4,741.39
Yearly $50,784.33 $6,112.35 $0.00 $56,896.68
Total $1,523,530.04 $183,370.50 $0.00 $1,706,900.54

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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