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926 Spence St, Los Angeles, CA, 90023

5beds
5baths
2,995sqft
$899,000
$300price/sqft
$6,850/moest. monthly cost
$274,000/yrincome needed

About This Home

Why buy a regular house when you can buy one that pays you? This is the ultimate once-in-a-lifetime opportunity to secure a property that functions as both a spacious home and a powerful passive-income machine. The primary residence, tucked privately in the rear building, features three oversized bedrooms and two bathrooms. Large living room, formal dining room, big kitchen, indoor laundry, hardwood floors, and lots of natural light. The front building offers two oversized one-bedroom 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.

Getting Around

86
WalkingVery Walkable
62
TransitGood Transit
44
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1932

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: In Kitchen

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Cooling

  • Cooling features: None

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 2,995 sqft

Property

Details

  • Parcel number: 5188016015
  • Special condition: Standard,Trust

Features

  • Levels: One
  • Stories: 1
  • Entry location: Gound
  • Pool features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,504 sqft
  • Features: Yard

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2