20827 E Mesarica Road, Covina, California 91724, Covina, 91724 - 8 bed, 7 bath
20827 E Mesarica Road
Covina, California 91724
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Great Schools
Elementary School: Arma J. Shull Elementary School (9/10).
- Expansive Lot and Living Area
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.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
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.
- High Maintenance and Utility Costs
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.
About 20827 E Mesarica Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 62,486 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Covina Unified Schools
Badillo Elementary School
Grades K-6 • 0.4 mi
Gladstone Elementary School
Grades K-5 • 2.2 mi
Arma J. Shull Elementary School
Grades K-5 • 2.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 98% |
| Baths | 7.0 | 2.0 | 98% |
| Square foot | 7,020 | 1,877 | 98% |
| Lot Size | 62,486 | 8,422 | 98% |
| Price | $3.00M | $940.0K | 98% |
| Price per sq ft | $427 | $511 | 6% |
| Built year | 1955 | 1957 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 287 | 146 | 98% |
Pricing History
Listed for Sale
Mar 1, 2026
$2,999,999
$3,099,000
-3% Price Drop
Initial Listing
Price Change
Feb 2, 2026
$3,099,000
$3,182,800
-3% Price Drop
Initial Listing
Price Change
Oct 19, 2025
$3,182,800
$3,183,800
+0% Price Increase
Initial Listing
Price Change
Oct 13, 2025
$3,183,800
$3,185,500
+0% Price Increase
Initial Listing
Price Change
Sep 6, 2025
$3,185,500
$3,188,000
+0% Price Increase
Initial Listing
Price Change
May 23, 2025
$3,188,000
Initial Listing