For Sale Duplex MLS# PTP2607459

3387 Central Avenue

Spring Valley, CA 91977

$1,200,000

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About 3387 Central Avenue

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.

Property details

Property

Type
duplex
Year built
1960
Living area
2,576 sqft
Price / sqft
$466
Lot
0.22 ac
List date
Oct 2, 2026

Schools

District
La Mesa-Spring Valley School District

Location

Subdivision
La Mesa Country Club
Neighborhood
La Mesa Country Club

Location

Neighborhood
La Mesa Country Club
School district
La Mesa-Spring Valley School District

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Listed by Jonathan Fisher, Real Broker

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.