2840 2844 Olive St
Lemon Grove, CA 91945
- – beds
- – baths
- – sqft
- 6,900 sqft lot
- 1947 build
- – on site
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 SDMLS / Bryan Mancuso / eXp Realty of California, Inc.
Last checked:
Checking…
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Last updated Dec 20, 2024
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MLS# 240028507SD —
The Building
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Year Built:1947
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Total Number Of Units:4
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# of Buildings:2
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Roof:Composition
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Stories Total:2
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Number With Patio:4
Interior
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Levels:Two
Location
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Directions:CrossStreet: Burnel Ave
The Property
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Property Type:Residential Income
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Lot Size Area:6900.0000
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Lot Size Acres:0.1584
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Lot Size SqFt:6900.00
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Lot Size Source:Assessor
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View:1
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4803440500
Heating & Cooling
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Heating:1
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Heating:Electric, Natural Gas, Forced Air
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Cooling:Yes
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Cooling:Central Air, Heat Pump
Appliances
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Appliances:Gas Water Heater
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Included:Yes
The Community
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Subdivision:Lemon Grove
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Subdivision:Lemon Grove
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Neighborhood:Lemon Grove
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Park Name:N/K
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Senior Community:No
Extra Units
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Number With Dishwasher:2
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/16/24
Dec 16, 2024
|
Listed / Active | CRMLS_CA | $1,435,000 | |
9/4/24
Sep 4, 2024
|
Price Changed | CRMLS_CA | ||
8/18/24
Aug 18, 2024
|
Relisted | CRMLS_CA |