140 Palm Ave
Ctop 80%National City, CA 91950
Pass at asking: -$3,301/mo full cashflow at 20% down, 7.43% rate.
Works at $269,143 (61% under asking), or at 89% down.
Rent $2,685/mo from 10 leases of 2-bed houses within 2 mi ($2,212–$2,666).
Beds
2
Baths
1
Sqft
796
Year Built
1923
Days on Market
71
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2606631
This property is in National City (91950). Browse neighborhood analytics →
About This Property
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.
Mortgage Calculator
Est. Monthly Payment
$4,786
Location
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Zoned Schools
Elementary
Rancho de la Nacion · grades K-6 · National Elementary
Middle
Granger Junior High · grades 7-9 · Sweetwater Union High
High
Sweetwater High · grades 9-12 · Sweetwater Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$2,685
Comp Average
$3,071
527 K Ave.
3bd / 2ba · 1,028 sqft · Single Family
$649K
Est. $3,424/mo
2125 B Avenue
2bd / 1ba · 948 sqft · Single Family
$599K
Est. $3,055/mo
130 7th Street
2bd / 1ba · 783 sqft · Single Family
$575K
Est. $2,800/mo
1418 17th Street
2bd / 1ba · 990 sqft · Single Family
$700K
Est. $3,290/mo
1638 Palm Avenue
3bd / 2ba · 994 sqft · Single Family
$635K
Est. $2,788/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 2-bed houses within 2 mi · $2,212–$2,666
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,301/mo short at 20% down; 89% down or +$4,287/mo rent closes it.
- Break-even price
- $269,143
- Break-even rent
- $6,972/mo
- Cashflow at 35% down
- −$2,573/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
61% under asking
$4,287/mo above the estimate
$622,110 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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