8843 Olive Dr, Spring Valley, CA 91977

$860,000
5
BD
3
BA

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Sold Price
$860,000
List Price
$850,000
Closing Date
Nov 22, 2024
Status
CLOSED
MLS#
240023594
Bedrooms
5
Bathrooms
3
City
Spring Valley
Neighborhood
Spring Valley
Property Type
Multifamily
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!

Additional Information

Cooling
Window/Wall
Frontage
Open Space
Heating
Radiant
Neighborhood
Spring Valley
Roof
Composition
Year Built
1924

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Zandra D Ulloa (619-736-8008) from Listing Office: Team Z Realty.

Selling Office: Compass.

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