140 Palm Ave, National City, California 91950, National City, 91950 - 2 bed, 1 bath
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140 Palm Ave
National City, California 91950
ACTIVE
CONDITION: FAIR
2Beds
1Baths
796Sq Ft
6,002Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$686,774
16% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $686,774 Fair Market Value by -16%. While the list price exceeds the current estimation, the property offers significant Multi-Unit Versatility through its separate ADU-style living space and a 6,002 sqft lot. With a Condition Rating of 4, the 1923 structure requires modernization, yet provides a Flexible Floor Plan for value-add renovations. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in National City.
Estimated Market Value
$686,774
Based on Realkey algorithm analyzing recent comparable sales in National City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 140 Palm Ave Subject | $799,000* List Price | 2 | 1 | 796 | $863 | - |
A 941 Bucky Lane Sold | $695,000 | 3 | 2 | 989 | $703 | 0.4 mi |
B 516 E 3rd Street Sold | $660,000 | 2 | 2 | 938 | $704 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1923, the property features interior finishes such as ceramic tile flooring and an oak-style bathroom vanity that appear to be 20-30 years old. While the home is functional and move-in ready, the kitchen and bath are dated, and the age of the structure suggests that systems like HVAC and electrical likely require inspection or modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Versatility
The property features a separate ADU-style living space complete with its own kitchen and bathroom, offering excellent potential for rental income or multi-generational living.
- Ample Lot and Parking
Situated on a generous 6,002 sqft lot, the property provides abundant off-street parking and significant outdoor space for gardening or future improvements, which is a premium in this area.
- Flexible Floor Plan
The main residence includes a bonus room currently utilized as a third bedroom, providing the adaptability needed for a home office, guest room, or additional living needs.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 796 square feet of living space in the main residence, the interior layout may feel constrained for buyers seeking larger, more open living areas.
- Century-Old Structure
Built in 1923, the home likely requires significant modernization and maintenance to address the wear and tear associated with a property of this age.
About 140 Palm Ave
Welcome to a unique opportunity in the heart of National City! This property offers flexible living options, abundant off-street parking, and plenty of potential to make it your own. The main residence features two bedrooms plus an additional bonus room currently used as a third bedroom, offering extra space for guests, a home office, or additional living needs. A standout feature is the additional ADU-style living space located alongside the main home, complete with one bedroom, a full bathroom, kitchen, and living area. This separate space creates excellent flexibility for extended family, guests, a private workspace, or multi-generational living. The spacious lot also offers plenty of room for parking, outdoor entertaining, gardening, or future improvements. Conveniently located near shopping, dining, transportation, and freeway access, this property combines location, functionality, and exciting potential. A great opportunity for a buyer looking for versatility, space, and value in National City.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 6,002 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
National City Unified Schools
Rancho de la Nacion School
Grades K-6 • 0.2 mi
4/10
Granger Junior High School
Grades 7-9 • 1.4 mi
4/10
Sweetwater High School
Grades 9-12 • 1.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 796 | 1,425.2 |
| Lot Size | 6,002 | 7,926.16 |
| Price | $799.0K | $758.4K |
| Price per sq ft | $1.0K | $603 |
| Built year | 1923 | 1954 |
| HOA | $0 | $168 |
| Days on market | 8 | 40 |
Pricing History
Listed for Sale
Sep 1, 2026
$799,000
Initial Listing