138 S Fernwood, West Covina, California 91791, West Covina, 91791 - 3 bed, 2 bath
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West Covina, California 91791
This Spacious Pool Home is a Strong Value Opportunity, listed at $798,000—positioned well below the $859,863 Fair Market Value by 7%. This valuation gap provides $61,863 in Instant Equity. While maintaining a Condition Rating of 4 with a Brand-New Roof and water heater, the interior offers a canvas for cosmetic modernization. Featuring a Private Pool, versatile bonus room, and a garage optimized for ADU Conversion, the property sits in a quiet cul-de-sac within the West Covina High School District. It is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 138 S Fernwood Subject | $798,000* List Price | 3 | 2 | 1,547 | $547 | - |
A 1615 E Mardina Street Sold | $840,000 | 3 | 2 | 1,538 | $546 | 0.2 mi |
B 910 S Donna Beth Avenue Sold | $812,500 | 4 | 2 | 1,545 | $526 | 0.9 mi |
C 1715 E. Mardina St. Sold | $783,000 | 4 | 2 | 1,250 | $626 | 0.2 mi |
D 2249 E Rio Verde Drive Sold | $761,167 | 3 | 2 | 1,260 | $604 | 0.8 mi |
E 915 S Glenview Sold | $965,000 | 3 | 2 | 2,020 | $478 | 0.8 mi |
F 224 S Azusa Active | $799,990 List Price | 3 | 2 | 1,425 | $561 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the property features critical recent functional upgrades including a brand-new roof and water heater. However, the interior components, specifically the kitchen and bathrooms, show signs of being outdated and lack evidence of a recent full-scale renovation. While the home is well-maintained and move-in ready, it requires cosmetic modernization to meet current market standards for 'Good' or 'Excellent' conditions.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7265, living area = 1547.
The property features a two-car garage already equipped with a side door and window, offering a turnkey opportunity for conversion into a guest house or income-generating rental unit.
A brand-new roof and water heater provide immediate peace of mind and reduce near-term maintenance costs, ensuring the home's structural integrity for years to come.
Built in 1953, the property may require further inspections or updates to original plumbing and electrical systems that were not included in the recent renovations.
While major structural items are new, the lack of mention regarding kitchen or bathroom remodels suggests the interior may require cosmetic investments to meet modern aesthetic standards.
Welcome to this POOL home with ADU potential in West Covina!!! Located in a Cul-de-sac at a prime location. This 3 bedrooms, 2 bath home features a bonus room that can be a fourth bedroom, an office, a game room or a home gym. This home also features a BRAND-NEW ROOF, a brand new water heater, a den that opens up to the backyard, a dedicated laundry room, 2 car garage with a side door and window ready to be converted into a guest house, an in-law suite or a rental ADU. The long driveway can fit 5 cars extends to the 2-car garage. The roof has been completely replaced not just laying new over old ones! This property represents a unique opportunity in the current market, submit an offer while you can!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,547 | 2,010 | 28% |
| Lot Size | 7,265 | 9,851 | 7% |
| Price | $798.0K | $975.0K | 15% |
| Price per sq ft | $516 | $519 | 49% |
| Built year | 1953 | 1957 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 179 | 3% |
Mar 6, 2026
$798,000
Initial Listing
Oct 6, 2003
$319,000
Public Record