$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
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Property Details
Building
Land
Money
Rooms
Structures
Systems
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
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.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 3458 Central | Oct 1, 2026 | 3 bd · 3 ba · 1,770 sqft | $740,000 | 0 mi |
| 3328 Central Avenue | Apr 29, 2026 | 3 bd · 3 ba · 2,357 sqft | $1,100,000 | 0.1 mi |
| 3519 Gracia Paseo | Aug 6, 2026 | $1,322,500 | 0.1 mi | |
| 3726 Carol Way | Oct 1, 2026 | 3 bd · 3 ba · 1,541 sqft | $740,000 | 0.2 mi |
| 3221 Bancroft Drive 24 | Aug 28, 2026 | 3 bd · 1 ba · 689 sqft | $150,000 | 0.2 mi |
| 8980 Lamar St 18 | Sep 16, 2026 | 3 bd · 3 ba · 1,182 sqft | $595,000 | 0.3 mi |
| 3745 Fenwick Drive | Aug 21, 2026 | 5 bd · 3 ba · 1,882 sqft | $880,000 | 0.3 mi |
| 9152 9158 Olive Drive | May 4, 2026 | $1,350,000 | 0.3 mi |
Every home is different. Ask for a full price review before you make an offer.
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Oct 3, 2026 | Active | $1,200,000 |
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