2333 N Coronet Court, Covina, California 91724, Covina, 91724 - 4 bed, 3 bath
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Covina, California 91724
This Stunning Panoramic View Estate is a High-Potential Investment Opportunity, listed at $1,696,000—positioned well below the $1,958,902 Fair Market Value by 13%. This valuation gap offers $262,902 in Instant Equity. Featuring a Condition Rating of 3, the home includes a fully remodeled kitchen, upgraded pool/spa, and a massive 39,584 sqft lot with ADU potential. Located in the Covina Valley Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking luxury, privacy, and significant long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2333 N Coronet Court Subject | $1,696,000* List Price | 4 | 3 | 3,601 | $544 | - |
A 2504 Martingail Drive Sold | $1,660,000 | 5 | 4 | 3,262 | $509 | 0.6 mi |
B 2880 N Theodora Sold | $1,350,000 | 3 | 2 | 2,340 | $577 | 0.5 mi |
C 2322 Cameron Avenue Active Under Contract | $1,400,000 List Price | 4 | 2 | 2,734 | $512 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1954, the property features a fully remodeled kitchen and bathrooms with high-quality finishes like granite countertops, stainless steel appliances, and travertine tile. The style of the renovations and the newly upgraded pool/deck suggest a 5-15 year renovation window, leaving the home in well-maintained, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39584, living area = 3601.
The property boasts a rare 180-degree unobstructed view of the Los Angeles skyline and mountains, providing significant aesthetic value and a premium luxury feel.
Sitting on nearly an acre (39,584 sqft), the flat and usable space offers rare versatility for the area, including room for a horse barn or an Accessory Dwelling Unit (ADU).
Despite modern cosmetic updates, the original 1954 construction may present underlying maintenance challenges typical of older homes regarding electrical or plumbing systems.
The current list price is approximately $293,000 lower than its 2022 sale price of $1.989M, which may indicate a correction in local high-end market demand or previous overvaluation.
VIEW VIEW VIEW!! This private gated home offers ONE OF THE BEST VIEWS in the neighborhood. It has 180 Degrees of Panoramic city light & mountains view that extends beyond the Los Angeles skyline. It features 4BR/ 3BA (master suite in downstairs) plus huge bonus room and large wet bar. Very bright and open living room w/ fireplace. Fully remodeled kitchen and all the bathrooms. Master suite with large sliding door is overlooking the panoramic view. You will find the amazing Park-like backyard w/newly upgraded pool/spa and deck to enjoy the spectacular city lights, sunrise, sunsets & mountains vie. Lots of fruit trees such as huge avocado trees and citrus trees and gazebo. Room for horse barn, and ADU. Only minutes drive to the award winning Schools, park, shopping center, golf course/ country club and Cal-Poly and MT San Antonio College.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 3,601 | 1,839 | 96% |
| Lot Size | 39,584 | 8,422 | 93% |
| Price | $1.70M | $915.0K | 96% |
| Price per sq ft | $471 | $511 | 33% |
| Built year | 1954 | 1961 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 141 | 5% |
Jun 5, 2026
$1,696,000
Initial Listing
Mar 24, 2022
$1,989,000
Public Record
Jun 20, 2014
$1,025,000
Public Record