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$999,999 Just Listed
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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.
Full Property Details
Full Property Details for 3387 Central Ave
General
- Price: $999,999
- Status: Active
- Type: Duplex
- Source: MRMLS
- MLS ID: PTP2608058
- Updated: 10/29/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- County: San Diego
- Driving Directions: Google Maps
School Information
- School District: La Mesa-Spring Valley
Community
- Community Features: Watersports, Suburban
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall
- Entry Location: Front
- Stories/Levels: Multi/Split
- Stories Description: Multi/Split
- Square Feet: 2,576
- Sq. Ft. Source: Assessor
- Year Built: 1960
- Year Built Source: Assessor
Unit Information
- Units in Complex: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583.2
- Lot Size Source: Assessor
- Zoning: R-2:MINOR MULTIPLE
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $388.2
Disclosures and Reports
- Special Conditions: Standard
Listed by Real Broker, Jonathan Fisher
Get Pre-Approved Today
Schools
Schools serving 3387 Central Ave
School Districts:La Mesa-Spring Valley School District, Grossmont Union High School District
| Name | Grades | Distance |
|---|---|---|
Bancroft Elementary School 8805 Tyler Street, Spring Valley, CA 91977 | K-5 | 1 mi |
Spring Valley Middle School 3900 Conrad Drive, Spring Valley, CA 91977 | 6-8 | 1.1 mi |
Monte Vista High School 3230 Sweetwater Springs Boulevard, Spring Valley, CA 91977 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3387 Central Ave
Date
Details
Price
Change
Source
10/29/2026
Listed
$999,999
-13.79%
MLS
5/04/2022
Sold
$1,160,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3387 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,422
—
$1,231,001
2%
2025
$15,422
3%
$1,206,864
2%
2024
$14,910
3%
$1,183,200
2%
2023
$14,463
151%
$1,160,000
180%
2022
$5,773
1%
$413,552
2%
2021
$5,724
-53%
$405,444
1%
2020
$12,235
1%
$401,288
2%
2019
$12,155
2%
$393,421
2%
2018
$11,975
1%
$385,708
2%
2017
$11,819
141%
$378,146
2%
2016
$4,906
1%
$370,733
2%
2015
$4,863
2%
$365,165
2%
2014
$4,778
—
$358,013
—
2013
$4,767
—
$356,396
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3387 Central Ave
3387 Central Avenue, Spring Valley, CA 91977 (MLS# PTP2608058) is a Duplex property with 6 bedrooms and 4 full bathrooms. 3387 Central Avenue is currently listed for $999,999 and was received on October 29, 2026. Want to learn more about 3387 Central Avenue? Do you have questions about finding other Duplex real estate for sale in Spring Valley? You can browse all Spring Valley real estate or contact a Coldwell Banker agent to request more information.

