See all 56 photos
56 photos
$860,000
$850,000 1.2%
Est. payment /mo
5 Beds
3 Baths
0.5 Acres Lot
UPDATED:
Key Details
Sold Price $860,000
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
Bedrooms 5
Full Baths 3
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
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
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,200
Listing Terms Cash, Conventional, FHA, VA
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Listed by Zandra D Ulloa • Team Z Realty
Bought with Robert A Lopez III • Compass
Bought with Robert A Lopez III • Compass
