Homes for sale - 8843 Olive Dr, Spring Valley, CA 91977

$860,000

$850,000 1.2%

Est. payment - /mo

0.5 Acres Lot

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UPDATED:

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

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Listed by Zandra Ulloa • Team Z Realty
Bought with Robert Lopez • Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

8843 Olive Dr Spring Valley, CA 91977

Key Details

Location

Interior

Exterior

Building

Others

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8843 Olive Dr