Two separate houses on one big lot! Family compound? Investment? Live in one and rent one out? These sweet units offer a variety of scenarios. Front home (131 Olive) is a 2bd/1ba over 1300sf, with a living room FP and AC. Back unit (123 Olive) is 1bd/1ba, over 600sf, with huge basement for storage and more. Wood floors and nice-sized kitchens in both units, and each has its own laundry. This versatile, well-kept property includes a spacious deck, multiple garden areas, fruit trees, raised beds, and two driveways - one accessing a two-car garage and the other to a carport. Great neighborhood, beautiful landscaping, and plenty of space indoors and out. Just 9 miles to Ventura and the beach, 17 miles to Carpinteria, 3 miles to Lake Casitas Recreation Area, and 35 minutes to Santa Barbara.