1531 E Larkwood, West Covina, California 91791, West Covina, 91791 - 0 bed, 0 bath
Loading property details...
West Covina, California 91791
This High-Potential Investment Opportunity is listed at a List Price of $1,489,000, which aligns closely with its $1,460,335 Fair Market Value. Featuring a 2025 new construction ADU and JADU alongside a fully remodeled main house, the property boasts an Excellent Condition Rating. With a combined monthly rental income of $8,790 and modern infrastructure including paid-off solar and newer HVAC, this asset provides immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or multi-generational families seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1531 E Larkwood Subject | $1,489,000* List Price | 0 | 0 | 3,066 | $476 | - |
A 1711 E Portner Sold | $1,100,000 | 4 | 3 | 2,040 | $539 | 0.6 mi |
B 901 Glenview Sold | $1,050,000 | 4 | 2 | 2,010 | $522 | 0.4 mi |
C 1623 E Greenville Drive Sold | $1,117,000 | 4 | 3 | 2,146 | $521 | 0.6 mi |
D 1940 E Walnut Creek Pkwy Active | $1,299,888 List Price | 3 | 2 | 2,317 | $561 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features 2025 new construction for the ADU and JADU, along with a fully remodeled main house. Images confirm mint-condition bathrooms with modern vanities, quartz counters, and glass-enclosed showers. Systems are updated with a newer roof, newer HVAC (mini-splits), and paid-off solar, meeting the criteria for a property under 5 years since renovation.
The property features a unique three-unit configuration including a remodeled main house, a new ADU, and a JADU, generating a combined monthly rental income of $8,790.
The estate includes 2025 new builds, a paid-off solar system, newer HVAC, and a newer roof, significantly reducing future maintenance costs and utility expenses.
With a remodeled interior, newer driveway, and artificial turf, the property offers excellent curb appeal and pride of ownership in a highly sought-after West Covina neighborhood.
Housing three separate units on a 9,596 sqft lot may result in limited private outdoor space for each tenant and potential parking congestion.
At nearly $1.5M, the property is positioned at the higher end of the local market, which may limit the pool of qualified buyers to seasoned investors or multi-generational families.
2025 New Built ADU and JADU, with a remodeled main house . Main house: 3 bedrooms 2 baths with a bonus den, 1,466 living sq ft, current rent is $3,700.00. (Rear) ADU 3 bedrooms 2 baths 1200 living sq. sf., current rent is $3,295.00 (Middle) JADU 1 bed 1 bath 398 living sq. ft., current rent is $1,795.00 Solar systems is paid off, newer roof, newer HVAC, newer driveway, newer artificial turf and much more. With great curb appeal, pride of ownership throughout, and a prime location, close to shopping, dining, parks, and convenient transportation, this is a rare opportunity to own a versatile multi-unit property in one of the most sought-after neighborhoods. Whether you're looking to maximize rental income, accommodate multi-generational living, or build long-term wealth, this exceptional property offers endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,066 | 1,729 |
| Lot Size | 9,596 | 10,400 |
| Price | $1.49M | $895.3K |
| Price per sq ft | $486 | $537 |
| Built year | 1953 | 1960 |
| HOA | $0 | $96 |
| Days on market | 12 | 48 |
Jul 10, 2026
$1,489,000
Initial Listing
Aug 22, 2014
$425,000
Public Record