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1340 East 8th Street, National City, CA 91950

$725K2bd · 1ba · 1,072 sqft
Lot 8,891 sqft•Single Family Residence•
Active
•88d on market•MLS# 8N-2607428

Property Description

Tenant-occupied single-family home on a corner lot in National City, offering in-place income today with room to grow. The 8,891 SF lot is well above average for the submarket, and the property includes a detached garage, giving a buyer flexibility beyond the main residence. Current rent of approximately $1,760/month sits below the estimated $2,400/month market rent, providing built-in upside for a new owner from day one. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. The corner lot position and oversized parcel add further flexibility for a future value-add or redevelopment play, appealing to investors, developers, and owner-users alike. Located minutes from I-5, I-805, and the 8th Street Trolley Station, in a corridor currently benefiting from active public infrastructure investment. A full video and photography marketing package, including additional photos and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, lot size, zoning, year built, income, and development potential.

Features & Amenities

FeeBuilt 1946

Property Details

Land Type
Fee
Year Built
1946
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Cooling
None
City
National City
Zip Code
91950
County
San Diego
Listed byLee & Associates, Eric M von Bluecher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,665.99
Principal & Interest
Loan Amount
$580,000
Total Interest
$739,758
Total Payment Over 30 Years
$1,319,758
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1340 East 8th Street, National City, CA 91950

National City · Single Family Residence

$725K
Affordable Tier
Beds
2
Baths
1
Sqft
1,072
Lot
8,891 sqft
Year
1946
$/Sqft
$676
Pool: No✓
Spa: No✓
Garage: 1-car✓

Listed 5.0% below the median closed sale of $763,000. Price per sqft ($676) is a 15% premium to closed comps ($590).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $725K· $676/sqft
Total list price
Closed comps
vs closed median $763K
−$38K (−5.0%)
Active comps
vs active median $700K
+$25K (+3.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $706
−$30 (−4.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1418 17Th StreetNational City1953219906,534$707$700,000691
140 Palm AveNational City1923217966,002$878$699,0006281
1810 Granger AvenueNational City1950421,0325,662$751$775,0001678
821 Angelo DriveNational City1959321,1078,600$587$650,000376
2463 Rancho DriveSan Diego1948321,1857,200$608$720,00013574
Total: 5 · Average2.81.61,0226,799.6$706.2$708,80044.4
Median1,032$700,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
624 Palm AveNational City195004/01/2026328847,025$765,000$765,000$8651.006982
540 L AvenueNational City193511/10/2025229403,651$685,000$675,000$7180.984879
427 K AvenueNational City201806/22/2026321,5905,660$699,999$763,000$4801.094067
1341 4th StreetNational City195206/24/2026431,7006,537$819,900$790,000$4650.9610966
2130 E 8TH STNational City197801/21/2026331,6687,527$759,900$705,000$4230.939158
Total: 5 · Average3.02.41,356.46,080$739,600$739,600$590.2—71.4
Median1,590$763,000$763,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.