Located in the historic Olmos Park Terrace, 293 Lovera is a fully renovated single-story home that seamlessly blends classic neighborhood character with modern construction standards. A major advantage of this property is that the new owner will NOT PAY CITY property taxes for the next 10 years offering significant long-term savings rarely found in this area!!! The home has undergone an extensive, top-to-bottom renovation that makes it feel practically like a new build. Inside, the home was fully rebuilt with new insulation and sheetrock, a completely updated electrical system with new wiring and panel, and all-new plumbing, including new water and sewer lines. A brand-new HVAC system with new ductwork ensures energy efficiency and year-round comfort. Interior finishes are entirely new and thoughtfully selected, featuring wide-plank flooring throughout, new doors, modern lighting, and fresh interior paint. The brand-new kitchen showcases quartz countertops and a quartz backsplash, modern cabinetry, and updated appliances, opening naturally into bright living and dining spaces. All bathrooms have been fully reimagined, glass shower enclosures, and sleek, modern fixtures. The living area is anchored by a rebuilt, modernized fireplace that adds warmth and character. One of the standout features of this property is the large additional flex living space, finished with new cement and LVP flooring. This versatile area can be used as a game room, media room, home gym, second living area, or potentially reconfigured to create additional bedrooms or a private suite, offering exceptional flexibility for future needs. The oversized lot provides ample outdoor space and endless potential, with plenty of room to ADD A POOL, outdoor entertaining areas, or future expansion. A gorgeous outdoor patio with plenty of space to relax and entertain your guests! Exterior improvements include stucco and stone restoration to match the original texture and appearance, fresh exterior paint, deck repairs, landscaping enhancements, a brand-new garage door. This is a truly turnkey property offering single-story living in a highly desirable historic neighborhood, paired with the confidence of modern systems, quality construction, long-term tax savings, and flexible living space.