3387 Central Avenue, Spring Valley, CA 91977

$1,200,000
6
BD
4
BA
2,576
SqFt

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List Price
$1,200,000
Status
ACTIVE
MLS#
PTP2607459
Year Built
1960
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,576
Lot Size
9,583
Acres
0.22
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
One Level

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.

Additional Information

Pool
Yes
Pool Description
In Ground
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Sewer
Public Sewer
School District
Grossmont Union
Interior Features
All Bedrooms Down
Attached Structure
Attached

Listing courtesy of Listing Agent: Jonathan Fisher (jonathanfisher.realty@gmail.com) from Listing Office: Real Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.