For more information regarding the value of a property, please contact us for a free consultation.
8843 Olive Dr Spring Valley, CA 91977
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Spring Valley
MLS Listing ID 240023594
Sold Date 11/22/24
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1924
Lot Size 0.500 Acres
Property Description
Unlock the endless potential of 8843 Olive Dr! Situated on a generous 0.5-acre lot, this exceptional property caters to a wide range of needs, whether you’re looking for storage for business equipment, a multi-family living setup, or a chance to generate passive income with additional units. The main residence is a charming 3-bedroom, 1-bathroom home, complete with its own private, gated yard and driveway. Two additional units expand the possibilities: a cozy 2-bedroom, 1-bathroom unit on the lower level, and an inviting 1-bedroom, 1-bathroom unit upstairs with a front covered patio and dedicated tandem parking. This property’s prime location backs onto Lamar Park, providing tranquil views and convenient access to walking trails just steps away. Plus, shopping centers and freeway access are only minutes away, putting all essentials within easy reach. A rare find in Spring Valley, this property offers limitless potential—whether you’re expanding your investment portfolio, creating a space for family and friends, or savoring the spacious outdoor setting. Don’t miss out on this opportunity to bring your vision to life!
Location
State CA
County San Diego
Community Spring Valley
Area Spring Valley (91977)
Building/Complex Name None
Zoning SPECIAL AN
Interior
Heating Natural Gas
Cooling Wall/Window
Appliance Radiant
Exterior
Exterior Feature Stucco
Garage Unit1:N/K
Fence Full
Community Features RV/Boat Parking
Complex Features RV/Boat Parking
Roof Type Composition
Building
Story 1
Lot Size Range .5 to 1 AC
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,200
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
Read Less
Bought with Robert A Lopez III • Compass