$1,200,000

3387 Central Ave, Spring Valley, CA 91977

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6 bd · 4.0 ba · 2,576 sqft · $466/sqft · 0.22 acres

Residential · Duplex · Built 1960 · 14 days on Properkey

Description

RARE DUPLEX OPPORTUNITY WITH AN FHA ASSUMABLE LOAN AT 4.375%! Welcome to 3387 Central Ave, a unique opportunity in Spring Valley offering two spacious units, a large lot, a private pool, and incredible flexibility for an owner-occupant or investor. Each unit features 3 bedrooms and 2 bathrooms, providing a total of 6 bedrooms and 4 bathrooms. Live in one unit and rent out the other, create a multi-generational living setup, or add a strong income-producing property to your portfolio. One of the biggest highlights is the existing FHA loan, which may be assumable at an incredible 4.375% interest rate for a qualified buyer. In today’s interest-rate environment, this could provide a significant financing advantage compared with obtaining a new loan at current market rates. The property also features paid-off solar, a private pool, generous outdoor space, and a large lot that gives each unit room to enjoy the Southern California lifestyle. With two full-size 3-bedroom units, a pool, paid solar, a large lot, and the potential to assume a 4.375% FHA loan, opportunities like this are hard to find. Contact us for additional information regarding rental income, FHA loan assumption details, and a private showing.

Agent & source

Listed by
Jonathan Fisher
Brokerage
Real Broker
DRE
#02002627
MLS # PTP2607459 Source CRMLS

Property details

Rooms & Layout

Levels
One
Bedrooms
6
Bathrooms
4.0 (4 full)
Laundry
Inside

Property Features

View
Neighborhood
Lot features
0-1 Unit/Acre
Pool
In Ground
Community
Suburban

Exterior & Parking

Common Walls
1 Common Wall

Interior & Comfort

Cooling
Central Air

Utilities

Sewer
Public Sewer

Nearby

Active Pending Closed Rental
High
Grossmont Union District

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A Properkey agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-16 07:55:23 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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