362 Palm Avenue, Chula Vista, California 91911, Chula Vista, 91911 - 3 bed, 2 bath

362 Palm Avenue, Chula Vista, California 91911 home-pic-0

362 Palm Avenue

Chula Vista, California 91911

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,519Sq Ft
11,591Lot Size

Property Price

LIST PRICE$1,145,000
EST. MARKET VALUE
$1,022,120
12% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,022,120
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
362 Palm Avenue
Subject
$1,145,000*
List Price
321,519$673-
A
512 Timber Street
Sold
$915,000431,611$5681.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite the 1932 original build date, the property has undergone extensive recent renovations and includes a modern ADU. The units feature updated kitchens with contemporary cabinetry and appliances, renovated bathrooms, and high-quality flooring throughout. The significant price appreciation since 2022 and the detailed list of improvements indicate that all major systems and finishes have been brought up to modern standards within the last five years.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11591, living area = 1519.

  • Dual-Unit Configuration

    The property features a main 3-bedroom residence and a separate 2-bedroom ADU with independent frontage and parking, offering excellent rental income potential or multi-generational living.

  • Development Potential

    Situated on a large quarter-acre lot, the property qualifies under Senate Bill 9 (SB9), allowing for a potential lot split and the ability to sell the units separately.

CONSRISKS & DEFICIENCIES

  • Historical Age

    Built in 1932, the property may present challenges related to aging infrastructure and the need for specialized maintenance common in century-old homes.

  • Market Positioning

    Multiple price reductions since the initial listing indicate a struggle to align with buyer expectations or current market valuations in the Chula Vista area.

About 362 Palm Avenue

5 BEDROOMS 3 BATHS, 2,277 SQ FT FOR BOTH UNITS, PLEASE OPEN THE ICON ASSOCIATED DOCS FOR A FULL DESCRIPTION AND IMPROVEMENTS OF BOTH UNITS, IT HAS EVERY DETAIL OF IMPROVEMENTS. A Three-bedroom, two bath 1519 sq ft single-family home with a two Bedroom 1 bath 750 sq ft ADU. SIDE-BY-SIDE! . No need to go through someone else's front and side yard to the ADU. These units presents as two single family homes next-door to each other. Each has its own frontage and adjacent parking, three and four parking spots respectively. And all this on a quarter acre lot! An extended multi-generational family compound. Senate bill 9 from 2023 allows lots like this to be split and sold separately. Loads of possibilities. Buyer to investigate and verify for Themselves. This home comes with a FHA, Assumable

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1932
Lot Size
11,591 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Chula Vista Unified Schools

Otay Elementary School

Grades K-6 • 0.8 mi

6/10

Castle Park Middle School

Grades 7-8 • 1.3 mi

6/10

Castle Park Senior High School

Grades 9-12 • 1.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths2.02.0
50%
Square foot1,5191,479
54%
Lot Size11,5917,000
96%
Price$1.15M$815.0K
94%
Price per sq ft$754$561
92%
Built year19321965
1%
HOA$0$0
50%
Days on market101156
23%

Pricing History

Listed for Sale

Feb 17, 2026

$1,145,000

$1,199,000

-5% Price Drop

Initial Listing

Price Change

Jan 27, 2026

$1,199,000

$1,250,000

-4% Price Drop

Initial Listing

Price Change

Nov 26, 2025

$1,250,000

Initial Listing

Sold

Feb 9, 2022

$650,000

Public Record

Browse Properties by State Browse housing market trends by state