Welcome to 5535 Olvera Avenue, an absolutely stunning and rare home located in the highly desired hills of Encanto. Featuring jaw dropping views of Downtown, the Coronado Bridge and the ocean, a separate income producing unit and the opportunity to own a double lot (next door lot sold separately), this property is truly one of a kind. The main house and additional unit have been fully re-designed and re-imagined and include upgrades such as new windows, a new HVAC, multiple walk-in closets, custom landscaping, beautiful new flooring, new fencing, the most modern fixtures and the list goes on and on!!! Envisioned around the art of entertaining, you will be walk into an open floor-plan concept that flows effortlessly from one to the next, both indoor and out. From the artfully crafted custom kitchen to the oversized living room that flows into the huge wrap around deck, to the luxurious bedrooms and custom designed bathrooms, this place will surely leave you in awe! The bonus unit has a separate kitchen, bedroom, bathroom, and huge closet space. Whether you use this for your dream family compound or rent out the unit for serious cash flow, the choice is yours! The backyard is perfect for entertaining! Featuring a deep and flat lot, a huge covered patio area and beautiful views all surrounded by gorgeous plants and trees! Located near schools, parks, restaurants and a short drive to Downtown, the Bay and airport. Don't miss out on this opportunity!