1407 S Craig Dr, West Covina, California 91790, West Covina, 91790 - 3 bed, 3 bath

1407 S Craig Dr, West Covina, California 91790 home-pic-0

1407 S Craig Dr

West Covina, California 91790

ACTIVE
CONDITION: POOR
3Beds
3Baths
1,947Sq Ft
20,094Lot Size

Property Price

LIST PRICE$849,000
EST. MARKET VALUE
$958,298
11% BelowMARKET VALUE

SUMMARY

Analysis of 1407 S Craig Dr, West Covina, California 91790 reveals a Prime Investment Opportunity with a current list price of $849,000—significantly undercutting the $958,298 Fair Market Value by 11%. This valuation gap indicates a +$109,298 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the West Covina Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$958,298 +$109,298 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in West Covina.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1407 S Craig Dr
Subject
$849,000*
List Price
331,947$492-
A
1412 S Frandale Ave
Active
$799,000
List Price
211,574$5080.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1948, this property is explicitly marketed as a 'fixer' with the rear portion requiring substantial renovation. Images reveal dated interiors with worn flooring, wood paneling, and obsolete kitchen and bathroom fixtures. While the front unit is functional, the overall structure requires significant capital investment to address deferred maintenance and modernize major systems.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20094, living area = 1947.

  • Exceptional Development Potential

    The massive 20,094 sq ft lot offers rare subdivision possibilities and significant upside for building a 1,200 sq ft ADU and a 500 sq ft Junior ADU.

  • Income-Generating Layout

    The front portion of the home includes a self-contained 1-bedroom unit with a private entrance and kitchen, perfect for rental income or multi-generational living.

CONSRISKS & DEFICIENCIES

  • Significant Renovation Needed

    The rear portion of the residence is a fixer-upper, requiring substantial capital investment and construction to realize its full value.

  • Regulatory Due Diligence

    Maximizing the property's potential requires navigating complex city zoning, subdivision permits, and building code verifications, which may delay development.

About 1407 S Craig Dr

1407 S Craig Dr in West Covina offers exceptional potential for investors, builders, and owner-occupants alike. This 3-bedroom, 3-bathroom home features approximately 1,947 sq ft of living space situated on an expansive 20,094 sq ft lot in a quiet residential neighborhood. The front portion of the home includes a 1-bedroom, 1-bathroom layout with its own kitchen and private entrance, offering flexible living arrangements ideal for extended family or rental income. The rear portion of the home is a fixer and presents a great opportunity for renovation and value-add improvements. With the oversized lot, there is significant development upside, including the potential to build up to a 1,200 sq ft ADU and a 500 sq ft Junior ADU for additional living space. Per city guidelines, there may also be potential to subdivide the property, as zoning requires a minimum of 9,450 sq ft per lot. The large parcel provides multiple possibilities to expand, redevelop, or maximize long-term investment value. Total building coverage may be up to approximately 5618.8 sq ft, creating substantial opportunity to design and build a custom residence or income-producing property. Conveniently located near Haven City Market, Plaza West Covina, and a variety of shopping and dining options, with easy access to the 10, 605, and 57 freeways. Buyer and Buyer's agent to verify all zoning, subdivision possibilities, ADU guidelines, current building code requirements, permits, utilities access, and regulations with the City. Site/floor plan is for reference only, Buyer and Buyer’s agent to verify condition.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1948
Lot Size
20,094 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
73%
Square foot1,9471,551
83%
Lot Size20,0947,874
97%
Price$849.0K$849.0K
50%
Price per sq ft$436$548
8%
Built year19481954
10%
HOA$0$0
50%
Days on market2169
1%

Pricing History

Listed for Sale

Mar 4, 2026

$849,000

Initial Listing

Browse Properties by State Browse housing market trends by state