926 Spence, Los Angeles, CA 90023

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
926 Spence,Los Angeles, CA 90023
$899,000
  • - Beds
  • 5 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:$899,000
  • Price per sq. ft.:$300.67

About this home

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, providing the kind of privacy and outdoor areas increasingly rare in East LA. For property management ease, the units feature separate water heaters, gas meters, and electrical meters, the owner covers trash/water. The oversized garage an immediate footprint for a $2,200/mo ADU conversion, allowing the next owner to stabilize the asset as...

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Home facts

  • Year built:1932
  • Listing ID #:PW26099376
  • Added:7 day(s) ago
  • Updated:May 09, 2026 at 01:23 PM

Rooms and interior

  • Total bathrooms:5
  • 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:$899,000
  • Price per sq. ft.:$300.67

Features and amenities

  • Laundry features:Inside, Washer Hookup

Parking

  • Total parking spaces:8
  • Parking description:1 Carport Space(s), Carport, Door Multi, Garage
  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:1
Based on information from California Regional Multiple Listing Service, Inc. as of May 9, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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