529 E 224th Street, Carson, California 90745, Carson, 90745 - 3 bed, 1 bath
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529 E 224th Street
Carson, California 90745
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
980Sq Ft
5,075Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$553,479
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $553,480 Fair Market Value by -8%. Given the Condition Rating of 6, this asset requires extensive renovation and is restricted to cash or hard money financing. The 5,075 square foot lot offers significant development potential, including the addition of an ADU to maximize long-term yield. This is a specialized acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing a full-scale, distressed property rehabilitation.
Estimated Market Value
$553,479
Based on Realkey algorithm analyzing recent comparable sales in Carson.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 E 224th Street Subject | $599,000* List Price | 3 | 1 | 980 | $565 | - |
A 563 E 223rd Street Sold | $620,000 | 3 | 2 | 1,308 | $474 | 0.1 mi |
B 139 E 229th Street Active | $650,000 List Price | 3 | 1 | 1,034 | $629 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1951 (>50 years) with no renovations. The property is in unlivable condition, featuring a dilapidated kitchen with broken cabinetry and a severely unsanitary bathroom. The listing confirms it is not suited for end-users and is ineligible for standard financing, indicating it is valued primarily for the land.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
As a probate sale requiring significant renovation, this property offers a prime entry point for investors or flippers looking to build equity in the competitive Carson market.
- Development Potential
The 5,075 square foot lot provides ample space for potential home expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize the property's value.
- Central Location
Situated in South Carson, the property benefits from a central location with convenient access to major transportation corridors and local amenities.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
Due to its current condition, the property is likely ineligible for conventional, FHA, or VA financing, significantly limiting the buyer pool to cash or hard money investors.
- Extensive Deferred Maintenance
The home requires substantial repairs and debris removal, necessitating a significant upfront investment of time and capital before it is habitable for an end-user.
About 529 E 224th Street
Probate sale. No death at the property. Lots of work required, probably not suited for an end user. . Likely not eligible for conventional, FHA or VA Financing. There is still junk to clear out.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 5,075 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 980 | 1,414.508 |
| Lot Size | 5,075 | 5,290.603 |
| Price | $599.0K | $851.4K |
| Price per sq ft | $611 | $562 |
| Built year | 1951 | 1961 |
| HOA | $0 | $246 |
| Days on market | 7 | 52 |
Pricing History
Listed for Sale
Sep 2, 2026
$599,000
Initial Listing