CnC Realty
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$1,200,000

3387 Central Avenue

Spring Valley, CA 91977

Active

6

Beds

4

Baths

2,576

Sq. Ft.

1960

Year Built

San Diego

County

Duplex

Property Type

About this home

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.

Listed by Jonathan Fisher · DRE #02002627 · Real Broker
MLS #1191959542
ListedOct 2, 2026

Property Details

Architecture

Stories2
StyleN/A
Total UnitsN/A
RoofN/A
Garage Spaces0
PoolIn Ground
SpaN/A

Features & Amenities

Interior FeaturesAll Bedrooms Down
Exterior FeaturesN/A
FlooringN/A
CoolingCentral Air
HeatingN/A
FireplaceNone
LaundryInside
Parking FeaturesN/A
Parking Total0
Patio & PorchN/A
Entry Level1
Entry LocationFront
Common WallsOne Common Wall

Property Features

Lot Size0.22 ac
Lot FeaturesZero To One Unit Acre
ViewNeighborhood
DirectionsGoogle Maps

Community

Area91977 - Spring Valley
School DistrictGrossmont Union

Tax & Financial

TermsCash, Conventional, FHA, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$6,387/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 4:15 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.