2840-2844 Olive Street
$1,435,000
9
6
3,159
3,159
$454
Description
Welcome to this exceptional multi-unit property in Lemon Grove, with a total of four distinct units. Each unit features a private entrance and outdoor living area, fully enclosed by 6-foot vinyl fencing. The property offers six off-street parking spots, with two dedicated spaces per unit. The sale includes a fully permitted, brand-new unit built in 2024, offering 1,109 sq. ft. with three bedrooms and two bathrooms. Additionally, the attach, constructed in 2018, provides 540 sq. ft. with two bedrooms...Welcome to this exceptional multi-unit property in Lemon Grove, with a total of four distinct units. Each unit features a private entrance and outdoor living area, fully enclosed by 6-foot vinyl fencing. The property offers six off-street parking spots, with two dedicated spaces per unit. The sale includes a fully permitted, brand-new unit built in 2024, offering 1,109 sq. ft. with three bedrooms and two bathrooms. Additionally, the attach, constructed in 2018, provides 540 sq. ft. with two bedrooms and one bathroom. The main house, originally built in 1947, has undergone multiple expansions, resulting in a total of 1,460 sq. ft. with all but about 800 sq. ft. being new construction. The unit has 3 bedrooms, 2 bathrooms, a side yard with turf, and a gated front yard. There is also an attached 1 bed & 1 bath with a separate private entrance and kitchenette. Each unit is equipped with HVAC or mini-split systems, natural gas tankless water heaters, natural gas dryer and washer hookups, and natural gas ranges. Two units also feature dishwashers. The roofing for all units was updated in either 2018 or 2024. Upgrades throughout the property include vinyl plank flooring, custom cabinetry, quartz countertops, custom tile in all bathrooms, ceiling fans in all rooms, and electronic door locks. The main house boasts a custom shower with a whirlpool tub, custom closets in all bedrooms, EV readiness, pull-down attic stairs, an attic fan, surround sound, and smart home features. All units have durable Hardy board exteriors. the units are completely independent, accessed via a city-owned alley, while the main house shares one common wall with the 2 bed, 1 bathroom unit. Additional amenities include an RV sewer dump line, pull-down attic stairs for extra storage in the main house, two outdoor patio pergolas, and three storage sheds. The property also features separate electric meters for each unit, with shared water and natural gas, and exterior security cameras for added safety. Turf covers the front and side yards. A significant financial benefit is the potentially assumable FHA loan on the first mortgage, allowing about $527,000 at a 3.188% interest rate, with the loan ending in January 2050. All building plans and permits are available, ensuring compliance and transparency. Located within the Helix High School catchment area, no lottery is required for enrollment.
- Listed by Bryan A Mancuso • DRE #01870177 • Brokerage DRE #01878277 • eXp Realty of California, Inc.
Property Details for 2840-2844 Olive Street
Area
91945 - Lemon Grove
NeighborhoodLemon Grove
CommunityLEMON GROVE
View DescriptionMountains/Hills
City Postal IDLEMON GROVE (91945)
Cross Street(s)Burnel Ave
LISTING UPDATED: 12/20/2024 07:42 AM
Property Details for 2840-2844 Olive Street
Status | Active |
---|---|
MLS # | 240028507 |
Days on Market | 5 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1947 |
Lot Size | 0.16 AC / 6,969 SF |
County | San Diego County |
Building Information for 2840-2844 Olive Street
Stories2Residences-Year Built1947Building Size-Lot Size0.16 AC / 6,969 SF
Property Information for 2840-2844 Olive Street
Property History for 2840-2844 Olive Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 2840-2844 Olive Street
This home is within Grossmont Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 12 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
The Learning Choice Academy - East County CharterK to 12 | ||
Mount Miguel High School Public9 to 12 | ||
Helix High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.