
Los Angeles, California 90023
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $849,000—positioned well below the $848,447 Fair Market Value (effectively at market parity). Featuring a Mint Condition Rating with high-end renovations, including a modern chef's kitchen and updated systems, this home offers immediate lifestyle appeal. The property includes a Detached Bonus Space and a private backyard, providing rare flexibility in the Boyle Heights market. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a polished, move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1106 Spence Street Subject 4 bd · 2 ba · 1,675 sqft · $507 | $849,000* List Price | 4 | 2 | 1,675 | $507 | - |
A 3454 Hunter Street Sold 0 bd · 0 ba · 1,612 sqft · $531 · 0.3 mi | $856,000 | 0 | 0 | 1,612 | $531 | 0.3 mi |
B 1153 Euclid Sold 3 bd · 2 ba · 1,147 sqft · $627 · 0.6 mi | $719,000 | 3 | 2 | 1,147 | $627 | 0.6 mi |
C 3452 Estrada Active 4 bd · 3 ba · 1,696 sqft · $476 · 0.2 mi | $808,000 List Price | 4 | 3 | 1,696 | $476 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1910 build date, the property has undergone a high-end renovation within the last 5 years. The kitchen and bathrooms are fully modernized with quartz countertops, stainless steel appliances, and contemporary tile work. Visible upgrades to systems include a new electrical panel and modern HVAC, placing it in mint, move-in condition.
This 1910 residence masterfully preserves original architectural details like box-beamed coffered ceilings while offering a fully modernized chef's kitchen and updated bathrooms.
The inclusion of a detached bonus structure provides essential flexibility for a home office, art studio, or guest suite, significantly increasing the property's functional square footage.
Situated in the evolving Boyle Heights neighborhood, the home offers prime access to the DTLA Arts District and major transit arteries, making it ideal for commuters and urban enthusiasts.
The backyard is described as a 'blank canvas,' implying that the buyer will need to invest additional capital and effort to develop the outdoor space into a functional living area.
The current list price of $849,000 is significantly lower than the previous 2024 sale price of $900,000, which may suggest a recent decline in local market valuation.
Located in one of LA's most vibrant and evolving neighborhoods, 1106 Spence Street unifies character, modern living and opportunity; a canvas for your next move. Upon entering, the most charming sunroom/foyer welcomes you, a perfect space for plants or a reading nook. The layout feels both open and intentional, with natural light pouring through the large windows, bouncing off the clean finishes. You'll fall in love with the preserved box beamed coffered ceilings in the living and dining rooms. The living spaces flow effortlessly, making it just as easy to host a lively dinner party as it is to enjoy a quiet morning with a cup of coffee. The tastefully updated kitchen serves as the heart of the home, boasting ample quartz counter space, stainless-steel appliances, a farmhouse apron front sink and a setup that ignites your inner chef. Whether you're whipping up a delicacy or experimenting with new recipes, the layout keeps you connected to the rest of the house. The home features 4 bedrooms and 2 bathrooms; Two bedrooms connect through a beautifully updated jack-and-jill with double vanities and the other two ample bedrooms share a separate hallway and updated bath with a stand-up shower. All of the bedrooms offer flexibility for a home office, extra closet space or guest room, make it your own! The backyard is a blank canvas to develop your private sanctuary, offering room for al fresco dining, urban gardening, or simply soaking up the SoCal sun. You'll have a lime tree to start and it's the kind of space that's hard to find in the city; a true extension of the home that doubles your living area. In addition, a detached bonus space can be used as an extra room, office or art studio. Location-wide, you're perfectly positioned to enjoy the best of LA. With easy access to the trendy restaurants of Boyle Heights, the creative hubs of the DTLA Arts District, and major transit arteries like the iconic 6th Street Bridge, the city is truly at your doorstep. Whether you're a first-time buyer looking to plant roots or someone with a vision for their next project, 1106 Spence St represents a fantastic chance to own a piece of Los Angeles. Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,675 | 1,670.836 |
| Lot Size | 5,400 | 6,152.156 |
| Price | $849.0K | $1.34M |
| Price per sq ft | $507 | $807 |
| Built year | 1910 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Oct 22, 2026
$849,000
Initial Listing
Mar 1, 2024
$900,000
Public Record
Jun 26, 2020
$485,000
Public Record