
Covina, California 91723
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $819,000—positioned well below the $836,022 Fair Market Value by 2%. This valuation gap offers $17,022 in Instant Equity. Featuring a Mint Condition Rating, the home includes a brand-new kitchen, luxury vinyl flooring, and a permitted patio. The expansive lot provides significant ADU potential, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, move-in-ready home in the Covina Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 239 E Cypress Subject | $798,000* List Price | 3 | 2 | 1,465 | $559 | - |
A 204 E Kelby Sold | $824,900 | 3 | 2 | 1,240 | $665 | 0.2 mi |
B 116 E Center Street Sold | $735,000 | 3 | 2 | 1,308 | $562 | 0.8 mi |
C 333 S 1st Sold | $725,000 | 3 | 2 | 1,300 | $558 | 0.9 mi |
D 853 N 5th Ave Sold | $950,000 | 3 | 3 | 1,775 | $535 | 0.6 mi |
E 205 E Cypress Pending | $760,000 List Price | 3 | 2 | 1,219 | $623 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1954, the property has undergone a comprehensive renovation within the last 5 years. It features a brand-new kitchen with quartz countertops, fully upgraded bathrooms with modern finishes, new luxury vinyl flooring, new windows, and a brand-new central AC system, meeting the criteria for mint condition with no immediate maintenance required.
The property is fully renovated with luxury vinyl flooring, quartz countertops, new windows, and a brand-new central AC system, offering a move-in-ready experience for buyers.
The spacious 6,713 sqft lot includes a large backyard with mature fruit trees and ample space for a potential Accessory Dwelling Unit (ADU), providing significant future value-add opportunities.
Featuring an inviting open-concept floor plan, the home seamlessly connects the kitchen, dining, and living areas, maximizing the 1,465 sqft of living space for modern lifestyles.
The property was recently sold within the past year on 2026-04-29. The sold price is $620,000.00. The property was recently sold within the past year on 2026-04-29. The sold price is $650,000.00.
The property listing indicates no significant views, which may be a drawback for buyers seeking panoramic vistas or hillside surroundings.
Originally built in 1954, the home may still have underlying structural or utility elements typical of its era that were not part of the recent cosmetic and system renovations.
LOCATION! LOCATION! LOCATION! Welcome to this beautifully renovated 3-bedroom, 2-bathroom home that perfectly blends modern elegance with everyday comfort. Designed with an inviting open-concept floor plan, this move-in-ready residence features brand-new luxury vinyl flooring throughout, recessed lighting, and an abundance of natural light that creates a warm and welcoming atmosphere. The heart of the home is the brand-new kitchen, complete with sleek quartz countertops, cabinetry, and an effortless flow into the dining and living areas—perfect for entertaining. The dining room is highlighted by a beautiful light that adds a touch of sophistication and charm. Relax in the spacious living room beside the cozy gas fireplace or step outside to your own private outdoor retreat featuring a permitted patio—ideal for morning coffee, evening relaxation, or hosting weekend get-togethers. This exceptional home also offers three generously sized bedrooms and two beautifully upgraded full bathrooms with stylish finishes. Additional improvements include fresh interior paint, Brand new central AC, new windows, and a 2-car garage with an oversized driveway providing plenty of parking for family and guests. The spacious backyard features a mature avocado tree and banana tree, lovingly cared for by the previous owner, adding a beautiful touch of greenery and charm to the outdoor space. The generous backyard also offers excellent potential for an ADU, providing an exciting opportunity for future expansion, subject to city approval and applicable requirements. Your clients will love how conveniently located this home is, just minutes from shopping centers, dining, entertainment, and all the amenities you need. Every detail has been thoughtfully updated, making this home the perfect combination of style, comfort, and functionality. Don't miss this incredible opportunity to own a turnkey property that offers modern upgrades and a prime location—all in one exceptional package!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,465 | 1,602.645 |
| Lot Size | 6,713 | 7,475.197 |
| Price | $798.0K | $828.5K |
| Price per sq ft | $545 | $539 |
| Built year | 1954 | 1958 |
| HOA | $0 | $219 |
| Days on market | 22 | 48 |
Sep 5, 2026
$798,000
$799,000
+0% Price Increase
Initial Listing
Aug 23, 2026
$799,000
$819,000
-2% Price Drop
Initial Listing
Aug 18, 2026
$819,000
Initial Listing
Apr 29, 2026
$620,000
Public Record
Apr 29, 2026
$650,000
Public Record