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Key Details
Sold Price $860,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Spring Valley
MLS Listing ID 240023594
Sold Date 11/22/24
Bedrooms 5
Year Built 1924
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 Rv/Boat Parking
Area East County
Zoning SPECIAL AN
Interior
Heating Radiant
Cooling Wall/Window
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
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Bought with Robert A Lopez III Compass