Home | Los Angeles County | Los Angeles | 90023 | 926 Spence
MLS: CRPW26099376 | Status: Active | Price: $798,988
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,504 | 1932 |
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, 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
| Field | Value |
|---|---|
| MLS # | CRPW26099376 |
| MLS Source | California Regional MLS |
| Days on Site | 48 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Carport, Garage: 2 Car(s) |
Matthew Silva
Silva Real Estate
License #: 01380645
Phone: (562) 521-8575
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 850 | – | 0/0 | – |
| 2 | 1,200 | – | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 606 S Kern Ave | $699,000 | – | – | – | Active |
| 2731 E. Malabar | $650,000 | – | – | – | PendingDoNotShow |
| 2553 Verde Street | $820,000 | – | – | – | Active |
| 1504 Attridge Ave | $680,000 | – | – | – | Contingent |
| 101 S Marianna Ave | $800,000 | – | – | – | Active |
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This listing information is up-to-date as of June 19, 2026. For the most current information, please contact Matthew Silva, (562) 521-8575.