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.

Facts and features

Schools

• Bancroft Elementary School

  elementary · K-8 · 1.0 mi

  3

• Monte Vista High School

  high · 9-12 · 2.0 mi

  6

• Trinity Christian School

  elementary · PK-8 · 0.4 mi

• Spring Valley Middle School

  middle · 6-8 · 1.2 mi

  3

• Fred Finch Youth Center

  middle · 6-12 · 0.4 mi

• Sparrow Academy

  elementary · K-5 · 0.9 mi

  8

Price history

• Oct 29, 2026 · Listed$999,999
• Oct 29, 2026 · Listing Removed—
• Oct 2, 2026 · Listed$1,200,000
• Jul 13, 2022 · Sold$1,160,000
• Apr 22, 2022 · Listed$925,000
• Jan 28, 2022 · Sold$600,000
• May 11, 2010 · Sold$340,000
• Apr 6, 2010 · Listing Removed$335,000

Tax history

• 2025$15,421 tax · $1,231,001 assessed
• 2024$14,909 tax · $1,206,864 assessed
• 2023$14,462 tax · $1,160,000 assessed
• 2022$5,773 tax · $413,552 assessed
• 2021$12,513 tax · $405,444 assessed
• 2020$12,235 tax · $401,288 assessed
• 2019$12,154 tax · $393,421 assessed
• 2018$11,975 tax · $385,708 assessed

Home value

$1,133,300

• Cotality$1,133,300
• Collateral Analytics$1,336,000
• Quantarium$983,723

Where it is