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$ 860,000
$ 850,000 1.2%
Est. payment | /mo
0.5 Acres Lot
$ 860,000
$ 850,000 1.2%
Est. payment | /mo
0.5 Acres Lot
Key Details
Sold Price $860,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Spring Valley
MLS Listing ID 240023594SD
Sold Date 11/22/24
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
Area 91977 - Spring Valley
Building/Complex Name None
Zoning SPECIAL AN
Interior
Heating Natural Gas, Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Pool None
View Y/N No
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5031920800
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Listed by Zandra Ulloa • Team Z Realty
Bought with Robert Lopez • Compass
Bought with Robert Lopez • Compass
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Phillip Nunez
REALTOR® | Lic# 01421807