8843 Olive Dr Pending

Spring Valley,CA 91977

$ 850000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Spring Valley

MLS Listing ID 240023594

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

Miscellaneous Dog Run,N/K

Acceptable Financing Cash,Conventional,FHA,VA

Space Rent $1,200

Listing Terms Cash,Conventional,FHA,VA

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