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Triplex with Detached Garage Workshop

926 Spence, Los Angeles, CA 90023

For Sale
$799,000
Pending

Move-in-ready triplex with a vacant rear 3/2 plus two 1/1 units and an attached-style garage workshop setup.

Property Size2,995 SF
Days on Market193

Property Features for 926 Spence

General Information

Standard status Pending
Size 2,995 SF
Total Parking Spaces 2
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Boyle Heights

Additional Details

Business Included Yes
Multifamily Units 3

Building Details

Building Size 2,995 SF
Year Built 1932
Listing Agency: Silva Real Estate
Listed By: Matthew Silva · License #01380645
Source: Milsteinestates
Added: Apr 30 Changed: Nov 6 Last Checked: Nov 6 at 2:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silva Real Estate

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Investment Insights

Based on property information with market context.

This move-in-ready triplex consists of three separate units delivered vacant for the rear residence, giving you flexibility to live in one and rent the others. The primary unit is a rear, privately tucked 3-bedroom, 2-bath home featuring a large living room, formal dining room, big kitchen, indoor laundry, and hardwood floors with lots of natural light. The master bedroom includes a huge private bathroom, and a long hallway supports the additional bedrooms, offering straightforward options for use as traditional living or short-term-style rentals.

The front building provides two oversized 1-bedroom, 1-bath units. The public remarks state these units have reliable, long-term tenants already in place, supporting immediate rental income while you transition into the property.

A major part of the property’s versatility is the garage and workshop configuration. The home sits next to an oversized 2-car garage with a workshop, and the compound also includes a massive standalone two-car garage with a built-in workshop. These improvements can support a future ADU conversion, a home office, or other income-focused space planning, depending on your goals. With vacant delivery on the rear residence and existing tenant occupancy in the front units, this layout is built for owners who want both live-in convenience and rental-ready options in one property.

Key Highlights

  • 3‑unit triplex built in 1932 with a vacant rear 3 bed, 2 bath and two front 1 bed, 1 bath units
  • Move‑in‑ready rear 3 bed, 2 bath home features a large living room, formal dining room, big kitchen, indoor laundry, and hardwood floors
  • Primary rear residence includes a huge private master bathroom and long hallway layout suited for conversion to short‑term or other rentals

Property Analytics

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Lease Details

3
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,297
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
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Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Move-in-ready triplex with a vacant rear 3/2 plus two 1/1 units and an attached-style garage workshop setup.
Where is this triplex located?
The property is located at 926 Spence Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3‑unit triplex built in 1932 with a vacant rear 3 bed, 2 bath and two front 1 bed, 1 bath units; Move‑in‑ready rear 3 bed, 2 bath home features a large living room, formal dining room, big kitchen, indoor laundry, and hardwood floors; Primary rear residence includes a huge private master bathroom and long hallway layout suited for conversion to short‑term or other rentals
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