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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 1,200,000

Est. payment | -/mo

6 Beds

4 Baths

2,576 SqFt

Save Virtual Tour

$ 1,200,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

2,576 SqFt

Open House

Sat Oct 10, 12:00pm - 4:00pm

Sun Oct 11, 12:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $465

MLS Listing ID PTP2607459

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

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Pool In Ground

Community Features Suburban

View Y/N Yes

View Neighborhood

Private Pool Yes

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District Grossmont Union

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/PTP2607459

CRMLS Full IDX Feed (MAIN Website Search)

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

NEARBY SCHOOL & BUSINESS

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA 92101, USA

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San Diego Cities & Communities

3387 Central AVE Spring Valley, CA 91977