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Listed by Jonathan Fisher • Unknown Office
$ 1,200,000
Est. payment | /mo
6 Beds
4 Baths
2,576 SqFt
$ 1,200,000
Est. payment | /mo
6 Beds
4 Baths
2,576 SqFt
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 8P-2607459
Bedrooms 6
Full Baths 4
Year Built 1960
Lot Size 9,583 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
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
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Pool Private, In Ground
Community Features Suburban
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607459
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114