
Covina, California 91722
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $999,900—positioned well below the $1,050,000 Fair Market Value by 4%. This valuation gap offers $50,100 in Instant Equity. Featuring a Mint Condition Rating with a permitted ADU and JADU, this property provides significant income-generation potential. While the garage conversion limits covered parking, the turnkey finishes and high functional density make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in the Covina Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16151 E Kingside Subject | $999,900* List Price | 5 | 3 | 2,063 | $474 | - |
A 16512 E Cypress Sold | $800,000 | 3 | 2 | 1,286 | $622 | 0.3 mi |
B 17015 E Benbow Street Sold | $725,000 | 3 | 1 | 1,279 | $567 | 0.8 mi |
C 17058 E Edna Sold | $770,000 | 4 | 2 | 1,440 | $535 | 0.9 mi |
D 4616 N Roxburgh Sold | $780,000 | 4 | 2 | 1,382 | $564 | 0.7 mi |
E 3938 N Lang Avenue Sold | $760,000 | 3 | 3 | 1,462 | $520 | 0.8 mi |
F 16212 E Elgenia Street Active | $869,900 List Price | 4 | 2 | 1,657 | $525 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive recent remodel (less than 5 years) including a brand-new kitchen with shaker cabinets and stainless appliances (protective film still visible), fully updated bathrooms with modern tile work, and upgraded systems including a new electrical panel and mini-split HVAC units. The addition of a permitted ADU and JADU indicates a total overhaul of the original 1954 structure into mint, move-in condition.
The property features both a permitted ADU and a JADU, providing a rare opportunity for significant rental income or a flexible multi-generational living setup.
The main house and additional units have been newly remodeled, offering modern finishes and reducing the need for immediate capital expenditures by the buyer.
With a total of 5 bedrooms and 3 bathrooms distributed across three separate living areas, the property offers high functional density and privacy for multiple occupants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2063, other record living area = 1379. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property was recently sold within the past year on 2026-02-20. The sold price is $695,000.00.
The conversion of the garage into a JADU means the property lacks traditional covered parking, which may be a drawback for buyers with multiple vehicles.
Newly remodeled house has permited ADU and a JADU, both are attached to the main house. The JADU was converted from garage with one bedroom, one bath and one kitchen. The ADU is in the rear with one bedroom, one bath and one kitchen. Existing main house has 3 bedroom and one bath. The living area is 2,063SF in total.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,063 | 1,602.645 |
| Lot Size | 6,459 | 7,475.197 |
| Price | $999.9K | $828.5K |
| Price per sq ft | $485 | $539 |
| Built year | 1954 | 1958 |
| HOA | $0 | $219 |
| Days on market | 161 | 48 |
Jul 23, 2026
$999,900
$400,000
+150% Price Increase
Initial Listing
Jul 4, 2026
$400,000
$928,000
-57% Price Drop
Initial Listing
Jun 30, 2026
$928,000
$999,900
-7% Price Drop
Initial Listing
Jun 17, 2026
$999,900
$950,000
+5% Price Increase
Initial Listing
Jun 11, 2026
$950,000
$999,900
-5% Price Drop
Initial Listing
May 15, 2026
$999,900
$400,000
+150% Price Increase
Initial Listing
May 9, 2026
$400,000
$999,900
-60% Price Drop
Initial Listing
May 1, 2026
$999,900
$990,000
+1% Price Increase
Initial Listing
Apr 15, 2026
$990,000
$1,050,000
-6% Price Drop
Initial Listing
Apr 1, 2026
$1,050,000
Initial Listing
Feb 20, 2026
$695,000
Public Record
Oct 24, 2014
$298,000
Public Record
Aug 24, 2012
$257,500
Public Record