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Luda Phipps

info@ludaphipps.com +1(619) 277-5474

$ 1,200,000

Est. payment -/mo

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3387 Central Avenue Spring Valley, CA 91977

6 Beds

4 Baths

2,576 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhome

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

Year Built 1960

Lot Size 9,583 Sqft

Property Sub-Type Townhome

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 todays 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

Zoning R-2:MINOR

Direction Google Maps

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Pool Below Ground

View Y/N Yes

View Neighborhood

Building

Story 2

Sewer Public Sewer

Level or Stories 2

Schools

School District Grossmont Union High School Dist

Others

Senior Community No

Tax ID 5030901200

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607459

Listed by Jonathan Fisher, DRE#02002627 Real Broker
Co-listed byNON LISTED OFFICE

Luda Phipps

Broker License ID: 02139266

+1(619) 277-5474

Luda Phipps

3387 Central Avenue Spring Valley, CA 91977

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3387 Central Avenue