243 E Italia, Covina, California 91723, Covina, 91723 - 2 bed, 1 bath
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Covina, California 91723
This Charming Spanish-Style Residence represents a stable acquisition listed at $705,000, positioned slightly below the $712,162 Fair Market Value by 1%. This pricing provides $7,162 in Instant Equity for buyers. Holding a Condition Rating of 4, the home offers a functional layout with a versatile Bonus Room and significant potential for forced appreciation through system modernization. Located in a Prime Walkable Location near Downtown Covina and Covina Valley Unified schools, it is a perfect match for Owner-Occupants or first-time buyers seeking character and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 243 E Italia Subject | $695,000* List Price | 2 | 1 | 1,396 | $493 | - |
A 708 E Dexter Street Sold | $650,000 | 3 | 2 | 1,387 | $469 | 0.7 mi |
B 567 S Aldenville Sold | $720,000 | 3 | 2 | 1,173 | $614 | 0.8 mi |
C 416 S Lowell Street Active | $798,000 List Price | 4 | 2 | 1,553 | $514 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, the home features some cosmetic updates including newer laminate flooring, fresh paint, and refreshed kitchen cabinetry with stainless appliances. However, the property relies on dated systems (window AC units and wall heaters), and one bedroom shows significant floor damage/patching. It is functional and move-in ready but requires modernization of systems and minor repairs.
The property is ideally situated within walking distance to Downtown Covina and the Friday Farmers Market, providing exceptional access to local dining, shopping, and community events.
This 1929 Spanish-style residence offers timeless charm and a functional layout, including desirable vintage details like a cozy breakfast nook and a pantry.
The inclusion of a dedicated bonus room provides significant flexibility, allowing the space to serve as a home office, guest room, or creative studio to suit the buyer's needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only one bathroom serving two bedrooms and a bonus room, the layout may pose a challenge for families or those who frequently host guests.
As a nearly century-old home built in 1929, the property may require updates to its original systems and finishes to meet modern efficiency and aesthetic standards.
2 bedroom + BONUS ROOM charming Spanish-style home in a great Covina location within walking distance to Downtown Covina and the Friday Farmers Market. Enjoy nearby restaurants, shopping, entertainment, parks, and everyday conveniences. The home offers a functional and comfortable layout with a spacious living room and a dedicated dining area ideal for both daily living and entertaining. The kitchen is well equipped with a cozy breakfast nook and a pantry for additional storage. Two bedrooms and one bathroom provide a practical setup while the BONUS ROOM adds flexible space for a home office, playroom, guest room, creative studio, or additional living area. The backyard features a good sized outdoor space with plenty of potential for relaxing, gardening, or future improvements. A great opportunity to own a character filled home in a desirable Covina neighborhood close to everything.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,396 | 1,526 | 42% |
| Lot Size | 6,176 | 7,448 | 5% |
| Price | $695.0K | $849.0K | 11% |
| Price per sq ft | $498 | $535 | 32% |
| Built year | 1929 | 1953 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 153 | 5% |
May 9, 2026
$695,000
$705,000
-1% Price Drop
Initial Listing
Apr 17, 2026
$705,000
Initial Listing
Sep 12, 2023
$650,000
Public Record
Oct 11, 2017
$270,000
Public Record
Jan 24, 2014
$250,000
Public Record