
Covina, California 91724
Analysis of 20827 E Mesarica Road, Covina, California 91724 is currently available with a list price of $2,999,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Covina Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1955, the property is explicitly marketed as needing a 'full-scale renovation.' While the listing includes modern virtual renders to show potential, the actual property photos reveal an extremely dated interior with 1970s-era wood cabinetry, old tile countertops, aged blue and pink bathroom fixtures, and worn carpeting throughout. The infrastructure and finishes appear to be at the end of their functional lifespan, requiring substantial rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62486, living area = 7020.
Elementary School: Arma J. Shull Elementary School (9/10).
Situated on 1.43 acres of flat, usable land with over 7,000 sq ft of living space, this gated estate offers rare scale and privacy in a prestigious neighborhood bordering San Dimas.
The property is marketed as needing a 'full-scale renovation' and utilizes virtually altered photos, indicating that substantial additional capital will be required to modernize the 1955 structure.
Due to the massive 7,000+ square foot size and the age of the home, buyers should expect high ongoing maintenance costs and the likely need to upgrade aging infrastructure and systems.
Live Large in Covina's Best Pocket. Welcome to a rare estate opportunity on a quiet street bordering San Dimas. Sprawling over 1.43 acres of flat, usable land, this property offers over 7,000 sq ft of total living space, including a separate ADU and a sparkling pool. The main home features generous room sizes and classic lines—ready for your personal touch or full-scale renovation. With its gated setting, potential for multigenerational living or income-producing use, and unbeatable location in one of Covina’s most prestigious neighborhoods, this property is a true standout. Priced well below market average at only $454/sq ft, this is your chance to create a custom legacy estate. Buyer to verify all square footage and usage options. Some of the pictures are virtually altered or redesigned to show the potential.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 2.2 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 98% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 7,020 | 1,890 | 98% |
| Lot Size | 62,486 | 8,422 | 98% |
| Price | $3.00M | $930.0K | 98% |
| Price per sq ft | $427 | $511 | 9% |
| Built year | 1955 | 1959 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 334 | 160 | 0% |
Mar 1, 2026
$2,999,999
$3,099,000
-3% Price Drop
Initial Listing
Feb 2, 2026
$3,099,000
$3,182,800
-3% Price Drop
Initial Listing
Oct 19, 2025
$3,182,800
$3,183,800
+0% Price Increase
Initial Listing
Oct 13, 2025
$3,183,800
$3,185,500
+0% Price Increase
Initial Listing
Sep 6, 2025
$3,185,500
$3,188,000
+0% Price Increase
Initial Listing
May 23, 2025
$3,188,000
Initial Listing