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8843 Olive Dr

Spring Valley, CA 91977
  • $850,000
  • STATUS: PENDING
  • ON SITE: 38 Days
  • ID#: 240023594
Pending
UPDATED: 111 min ago
$850,000
  • 5
    BEDS
  • 0.5
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/156325634
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8843 Olive Dr Spring Valley, CA 91977

  • Price: $850,000
  • Status: PENDING
  • On Site: 38 Days
  • Updated: 111 min ago
  • ID#: 240023594
5
Beds
3
Baths
0
½ Baths
0.5
Acres
1924
Built
Neighborhood:
Spring Valley
County:
San Diego
Area:
Spring Valley (91977)
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!
Exterior Features

Exterior Stucco Fencing Full Frontage Open Space Parking For RV Potential Space Parking Garage Desc Unit1 N/K Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Radiant Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Additional Property Use Ranch/Farm Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community SPRING VALLEY Complex Features RV/Boat Parking Complex Park None Cross Streets Central St. Gross Rent Multiplier Actual 1800.0 Gross Scheduled Income Actual 2000 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area East County Miscellaneous Dog RunN/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventionalFHAVA Unit1 Deposit 1200 Unit1 Occupied Tenant Unit1 Rent Actual 1200.0 Unit2 Deposit 1200 Unit2 Occupied Tenant Unit2 Rent Actual 1200.0 Unit3 Deposit 1200 Unit3 Occupied Tenant Unit3 Rent Actual 1200.0 Zoning SPECIAL AN

San Diego MLS logo Listing provided courtesy of Zandra Ulloa of Team Z Realty: 619-736-8008. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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