16303 E Elgenia, Covina, California 91722, Covina, 91722 - 4 bed, 2 bath
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Covina, California 91722
This Single Family Residence represents a Strong Value Opportunity, listed at $799,888—positioned slightly above the $794,216 Fair Market Value. While priced at market, the property offers significant long-term potential through its 7,572 sq ft lot and ADU construction potential. Featuring a Condition Rating of 4, the home includes recent infrastructure upgrades like a new electrical panel and central HVAC. Located in the Covina Valley Unified School District, this home is an ideal choice for Buy-and-Hold Investors or Owner-Occupants seeking a functional, well-located asset with room for modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16303 E Elgenia Subject | $799,888* List Price | 4 | 2 | 1,525 | $521 | - |
A 4616 N Roxburgh Sold | $780,000 | 4 | 2 | 1,382 | $564 | 0.9 mi |
B 4042 N Foxdale Avenue Sold | $742,000 | 3 | 1 | 1,308 | $567 | 0.5 mi |
C 16150 E Queenside Drive Sold | $640,000 | 4 | 2 | 1,418 | $451 | 0.5 mi |
D 15939 E Ballentine Place Sold | $736,000 | 3 | 2 | 1,232 | $597 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is significantly dated, particularly the kitchen which features older cabinetry and countertops likely exceeding 20 years in age. While the home benefits from essential system upgrades like a new electrical panel and central HVAC, as well as recent cosmetic touches like laminate flooring and paint, the primary living areas require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7572, living area = 1525.
The expansive 7,572 sq ft lot offers significant long-term value and flexibility, providing ample space for outdoor entertaining or the construction of an Accessory Dwelling Unit (ADU).
A rare find for the area, the oversized driveway accommodates up to five vehicles in addition to the garage, making it ideal for multi-driver households or guests.
The single-car garage may be insufficient for a four-bedroom family home, potentially limiting secure storage and covered parking options.
Fitting four bedrooms and a bonus room into 1,525 sq ft suggests a high-density layout where individual room sizes may feel small compared to modern standards.
On the market for the first time in 19 years, this exceptional home offers the space, comfort, and flexibility a growing family needs. Featuring 4 bedrooms, 2 bathrooms, and a versatile bonus room, the home provides 1,525 sq ft of well-designed living space. The expansive lot is ideal for entertaining, hosting large family gatherings, and even building an ADU, offering excellent long-term potential. Recent improvements include new laminate flooring and fresh exterior paint. Additional features include central AC and heat, an upgraded electrical panel, and a layout designed for everyday convenience. A 1-car garage plus an oversized driveway with parking for up to 5 vehicles ensures ample off-street parking for multiple drivers, guests, or work vehicles. Located on a serene street within the award-winning Covina Valley Unified School District, the home is close to shopping (West Covina Mall & Downtown Covina), Metro Link Station, and entertainment—making it an ideal choice for commuters and families alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,525 | 1,440 |
| Lot Size | 7,572 | 7,213 |
| Price | $799.9K | $814.0K |
| Price per sq ft | $525 | $545 |
| Built year | 1954 | 1956 |
| HOA | $0 | $0 |
| Days on market | 24 | 48 |
Jun 28, 2026
$799,888
Initial Listing
Jun 15, 2007
$475,000
Public Record