3387 Central Avenue
Property Overview
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.
Home Details
- Property type
- Residential - Duplex
- Year built
- 1960
- Living area
- 2,576 sq ft
- Lot size
- 9,583 sq ft
- Stories
- 2
- Days on market
- 0
- Full bathrooms
- 4
- MLS status
- Active
- Zoning
- R-2:MINOR MULTIPLE
Features & Amenities
Interior
- All Bedrooms Down
Pool
- In Ground
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Community
- Private pool
- Yes
- View
- Neighborhood
Schools
- School district
- Grossmont Union
Utilities
- Cooling
- CentralAir
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 3387 Central Avenue
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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