141 S Covina, La Puente, California 91746, La Puente, 91746 - 2 bed, 1 bath
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141 S Covina
La Puente, California 91746
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
855Sq Ft
13,665Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$760,512
7% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $699,900—positioned well below the $760,513 Fair Market Value by 7%. This valuation gap offers $60,613 in Instant Equity. Featuring a Condition Rating of 6, the existing structure requires significant renovation, yet the 13,665 sqft lot with LCA Zoning and SB9 lot split potential provides massive upside. With a 2,000 sqft detached workshop, this is a high-reward acquisition ideal for Developers or Buy-and-Hold Investors.
Estimated Market Value
$760,512+$60,612 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in La Puente.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 141 S Covina Subject | $699,900* List Price | 2 | 1 | 855 | $889 | - |
A 208 S 2nd Sold | $755,000 | 2 | 1 | 744 | $1,015 | 0.4 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 1936 with no evidence of renovation; the listing focuses on development potential, SB9 lot split, and land value, while the existing structure appears unlivable and in extreme disrepair.
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 = 13665, living area = 855.
- Development Potential
The expansive 13,665 sqft lot with LCA zoning and SB9 split potential offers significant opportunities for investors and developers to maximize land value.
- Massive Detached Workshop
A rare 2,000 sqft detached garage/workshop provides exceptional utility for car collectors, hobbyists, or tradespeople needing substantial storage space.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-05-20. The sold price is $525,000.00.
- Limited Living Space
With only 855 square feet of living area and a 2-bedroom, 1-bathroom configuration, the existing home is quite small and may necessitate a costly expansion.
- Significant Age
Built in 1936, the structure is nearly a century old and likely requires extensive updates or a complete remodel to align with modern building standards.
About 141 S Covina
Attention Investors, Developers, Horse Lovers, and Car Lovers. Don’t miss out on this exceptional opportunity in the City of La Puente. This property offers ample room for expansion and is zoned for horse use and plenty of space for your automobiles. There's a large detached workshop/garage close to 2,000sqft located in the rear of property. This property is perfect for those looking to develop, build, or create a unique estate zoned LCA light agricultural/residentail perfect for SB9 lot split. Property has convenient access to the 605 and 10 freeways, making commuting easy and efficient. Only minutes away from Downtown Los Angeles, this property combines rural charm with urban convenience. This is a rare opportunity with incredible potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1936
- Lot Size
- 13,665 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 3.9 |
| Baths | 1.0 | 2.0 |
| Square foot | 855 | 1,329.4 |
| Lot Size | 13,665 | 6,345.927 |
| Price | $699.9K | $754.6K |
| Price per sq ft | $819 | $573 |
| Built year | 1936 | 1955 |
| HOA | $0 | $95 |
| Days on market | 30 | 58 |
Pricing History
Listed for Sale
Aug 10, 2026
$699,900
Initial Listing
Sold
May 20, 2026
$525,000
Public Record