23616 Panama, Carson, California 90745, Carson, 90745 - 5 bed, 4 bath
23616 Panama
Carson, California 90745
Property Price
SUMMARY
Analysis of 23616 Panama, Carson, California 90745 reveals a Prime Investment Opportunity with a current list price of $875,000—significantly undercutting the $924,862 Fair Market Value by 5%. This valuation gap indicates a +$49,862 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carson Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23616 Panama Subject | $875,000* List Price | 5 | 4 | 2,102 | $440 | - |
A 23035 Kinard Avenue Sold | $820,000 | 4 | 2 | 1,768 | $464 | 0.8 mi |
B 23602 Nicolle Avenue Sold | $695,000 | 4 | 2 | 1,845 | $377 | 0.7 mi |
C 24802 Petaluma Lane Sold | $819,000 | 4 | 3 | 1,966 | $417 | 0.8 mi |
D 336 W 230th Street Sold | $772,000 | 3 | 2 | 1,894 | $408 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1943, this home shows signs of regular maintenance but has not undergone a recent extensive renovation. The kitchen, while featuring newer stainless steel appliances, has very dated cabinets, laminate countertops, basic tile backsplash, and linoleum flooring. Popcorn ceilings are prevalent, and some light fixtures and carpets are outdated. The property is functional but requires significant cosmetic updates to align with current styles and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Accommodation
With 5 bedrooms and 3.5 bathrooms across 2102 sqft, the property offers generous living space suitable for larger families or multi-generational living.
- Prime Location & Accessibility
Situated in a desirable Carson neighborhood, the home boasts excellent proximity to essential amenities including shopping, dining, parks, schools, and major freeways, ensuring convenience.
- Well-Maintained Condition
Described as a 'beautifully maintained home,' it suggests the property is in good condition, potentially reducing immediate renovation needs for a buyer.
CONSRISKS & DEFICIENCIES
- Age of Construction
Built in 1943, the property is over 80 years old. While described as 'beautifully maintained,' older homes often come with inherent challenges related to aging infrastructure (plumbing, electrical, HVAC) that may require future attention or upgrades.
- Absence of Scenic Views
The property explicitly states 'view: None,' indicating a lack of desirable scenic outlooks (e.g., city, ocean, mountains) that could otherwise enhance its market appeal and perceived value.
- Potential for Outdated Systems/Finishes
Despite being well-maintained, a home from 1943 may still feature original or older systems and aesthetic finishes that might not align with contemporary buyer preferences, potentially necessitating further investment for modernization.
About 23616 Panama
Welcome to 23616 Panama Ave, a beautifully maintained home located in a desirable Carson neighborhood. This inviting residence offers 5 bedrooms and 3.5 bathrooms, thoughtfully designed for comfortable. Conveniently located near shopping, dining, parks, schools, and major freeways, this home offers both comfort and accessibility. A fantastic opportunity you don’t want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 6,235 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,102 | 1,538.5 | 92% |
| Lot Size | 6,235 | 5,214.5 | 86% |
| Price | $875.0K | $815.0K | 70% |
| Price per sq ft | $416 | $518 | 14% |
| Built year | 1943 | 1962 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 175 | 5% |
Pricing History
Listed for Sale
Jan 21, 2026
$875,000
Initial Listing
Sold
Nov 4, 2005
$634,000
Public Record