
Covina, California 91724
This property represents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well below the $1,226,976 Fair Market Value by 2%. This valuation gap offers $26,976 in Instant Equity. Featuring a Good Condition Rating with a remodeled kitchen, the home offers immediate livability alongside significant development potential on its equestrian-zoned 42,891 sqft lot. With panoramic city and mountain views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a trophy estate with long-term value-add potential.
Property is move-in ready.
Although built in 1953, the property features a remodeled kitchen and updated bathrooms with modern finishes (e.g., hexagonal tile, updated vanities). The listing confirms it is fully livable and move-in ready, placing it in the 'Good' category despite the 'as-is' sale and age of the primary structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42891, living area = 1688.
Situated at the end of a private gated driveway on nearly an acre, the property offers rare, unobstructed panoramic views of the San Gabriel Mountains, the valley floor, and the Los Angeles skyline.
The expansive equestrian-zoned lot provides a unique opportunity for future value-add projects, including the addition of an ADU, pool, barn, or a complete luxury estate expansion.
The disclosure of potentially unpermitted structures and improvements may present challenges for traditional financing and require additional capital to bring the property into full legal compliance.
Sold in as-is condition, the 1950s-era infrastructure may require significant investment in repairs or modernization to meet the standards of a high-end trophy estate.
Offered for the first time in over 50 years, THE VIEW. THE PRIVACY. THE POTENTIAL. Welcome to one of the most extraordinary properties in the San Gabriel Valley. Tucked away at the end of coveted Lorencita Drive, accessed via a long private driveway through a gated entry, the property immediately opens to sweeping, unobstructed views that command your attention from the moment you arrive. Perched atop nearly one acre, this rare trophy estate offers a vantage point unlike anything else in the area. Expansive vistas stretch across the valley floor, extend beyond the Los Angeles skyline, and reach all the way to Downtown LA, all framed by the dramatic backdrop of the San Gabriel Mountains. By day, enjoy endless horizons and vibrant sunsets. By night, the city lights sparkle beneath you in a setting defined by true elevation and privacy—where no one looks down upon you. The existing single-level home features approximately 1,668 square feet with 3 bedrooms and 2 bathrooms. Over the years, the residence has been thoughtfully improved, including a remodeled kitchen and updated bathrooms that offer a clean, modern feel. The living room features a charming brick fireplace as its focal point and opens seamlessly to the kitchen, creating a warm and functional living space. Comfortable as-is, the home is fully livable while still offering an exceptional opportunity to further elevate, expand, or completely reimagine in the future. The expansive equestrian-zoned parcel provides ample room for horses, a barn, ADU, pool, gardens, and additional lifestyle amenities. Rarely does a property combine this level of usable land with this caliber of view and privacy. Ideally located just minutes from award-winning schools within the Covina-Valley Unified School District, as well as nearby parks, shopping, golf courses, and country clubs. The property also offers convenient access to Cal Poly Pomona and Mt. San Antonio College, further enhancing its long-term appeal. Whether you're a homeowner, investor, or visionary seeking a truly irreplaceable setting, 20290 E Lorencita Drive represents a rare opportunity to own one of the most spectacular view parcels in the region. Property is being sold as-is. Some structures and improvements on the property may be unpermitted. Lot lines are approximate and for illustrative purposes only. Some photos have been digitally enhanced and/or virtually altered for visual effect. Buyer to verify all information and conduct their own due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,688 | 1,440 |
| Lot Size | 42,891 | 7,213 |
| Price | $1.20M | $814.0K |
| Price per sq ft | $711 | $545 |
| Built year | 1953 | 1956 |
| HOA | $0 | $0 |
| Days on market | 32 | 48 |
Jun 20, 2026
$1,200,000
Initial Listing