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Back$1,200,0006 bd4 ba2,576 sqft

$1,200,000For sale

3387 Central Avenue

Spring Valley, CA 91977 · MLS# PTP2607459

Listing courtesy of Real Broker
  • 6Beds
  • 4Baths
  • 2,576Sq Ft
  • 1960Year Built

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.

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Property at a Glance: 3387 Central Avenue

This duplex property at 3387 Central Avenue, Spring Valley, CA 91977 is for sale at $1,200,000. The home has 6 bedrooms, 4 bathrooms and 2,576 square feet of living space. It was built in 1960 and sits on a lot of 0.22 acres. That comes to about $466 per square foot. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$1,200,000
Bedrooms
6
Bathrooms
4
Full Baths
4
Property Type
Duplex
Year Built
1960
Square Feet
2,576
Lot Size
0.22 acres
Days on Market
0
MLS #
PTP2607459
Price per Sq Ft
$466
County
San Diego

Need a quick answer before the details?

Call now about 3387 Central Avenue and ask about showings, availability, or offer timing.

Call 858-518-2875

Property Details

Building
Property Type: Duplex
Year Built: 1960
Stories: 1
Land
Lot Size: 0.22 acres
View: Neighborhood
Lot Features: 0-1 Unit/Acre
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Cooling: Central Air
Interior: All Bedrooms Down
Fireplace: None
Laundry: Inside
Structures
Garage Spaces: 0
Pool: In Ground
Systems
Sewer: Public Sewer

Living in Spring Valley, CA

3387 Central Avenue is in Spring Valley, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in Spring Valley and what nearby homes have sold for.

Location

3387 Central Avenue, Spring Valley, CA 91977 Open in Google Maps

Mortgage Calculator

Estimated Monthly Payment$6,068
$960,000Loan Amount
$240,000Down Payment
$1,224,427Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Brad & Karen Mattonen Can Answer Your Questions About This Home

Why Work With Brad & Karen Mattonen?

Buying a home in Spring Valley, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 3387 Central Avenue is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 3387 Central Avenue and the Spring Valley area around it.

Current market context

How this home compares in Spring Valley

  • $466This home per sq ft
  • $369Median per sq ft
  • 14Homes for sale like it
  • 1Average days on market

At $466 per square foot, 3387 Central Avenue is priced about 26% above the $369 median for 5 or more bedroom homes for sale in Spring Valley now.

Nearby sold homes

Recent sold homes near this property

Homes that sold within 1.25 miles of 3387 Central Avenue in the last 6 months, at a median price of $810,000.

AddressSoldHomeSold priceDistance
3458 CentralOct 1, 20263 bd · 3 ba · 1,770 sqft$740,0000 mi
3328 Central AvenueApr 29, 20263 bd · 3 ba · 2,357 sqft$1,100,0000.1 mi
3519 Gracia PaseoAug 6, 2026$1,322,5000.1 mi
3726 Carol WayOct 1, 20263 bd · 3 ba · 1,541 sqft$740,0000.2 mi
3221 Bancroft Drive 24Aug 28, 20263 bd · 1 ba · 689 sqft$150,0000.2 mi
8980 Lamar St 18Sep 16, 20263 bd · 3 ba · 1,182 sqft$595,0000.3 mi
3745 Fenwick DriveAug 21, 20265 bd · 3 ba · 1,882 sqft$880,0000.3 mi
9152 9158 Olive DriveMay 4, 2026$1,350,0000.3 mi

Every home is different. Ask for a full price review before you make an offer.

Listing timeline

Price and status history

DateEventPrice
Oct 3, 2026Active$1,200,000

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