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Tricia Mcmullan

tricia.mcmullan@redfin.com +1(626) 318-7433

$ 999,999

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3387 Central AVE Spring Valley, CA 91977

6 Beds

4 Baths

2,576 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $388

MLS Listing ID PTP2608058

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1960

Lot Size 9,583 Sqft

Property Sub-Type Duplex

Property 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.

Location

State CA

County San Diego

Area 91977 - Spring Valley

Zoning R-2:MINOR MULTIPLE

Rooms

Main Level Bedrooms 6

Interior

Interior Features All Bedrooms Up

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Suburban, Water Sports

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Multi/Split

Sewer Public Sewer

Level or Stories Multi/Split

Schools

School District La Mesa-Spring Valley

Others

Senior Community No

Tax ID 5030901200

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2608058

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Listed by Jonathan Fisher Real Broker jonathanfisher.realty@gmail.com, DRE #02002627

View 3387 Central AVE on Redfin Full photos, price history & neighborhood details