243 Pin Lane, Covina, California 91722, Covina, 91722 - 3 bed, 2 bath
Loading property details...
243 Pin Lane
Covina, California 91722
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,505Sq Ft
0Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$696,179
SUMMARY
This 2022-built modern condominium is a Prime Investment Opportunity, listed at $679,000—positioned well below the $696,180 Fair Market Value by 2%. This valuation gap offers $17,180 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this home includes owned solar, a tankless water heater, and a private corner balcony. Its energy-efficient design and low HOA fees provide long-term financial stability. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a turnkey, commuter-friendly lifestyle.
Estimated Market Value
$696,179
Based on Realkey algorithm analyzing recent comparable sales in Covina.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 243 Pin Lane Subject | $679,000* List Price | 3 | 2 | 1,505 | $463 | - |
A 225 Scratch Road Sold | $665,000 | 3 | 4 | 1,750 | $380 | 0.0 mi |
B 238 Scratch Road Sold | $510,000 | 2 | 2 | 940 | $543 | 0.0 mi |
C 1072 N La Breda Sold | $616,000 | 3 | 2 | 1,220 | $505 | 0.8 mi |
D 1423 W San Bernardino A Sold | $507,000 | 2 | 2 | 1,182 | $429 | 0.5 mi |
E 326 Strike Active | $519,990 List Price | 2 | 2 | 940 | $553 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. It features a modern kitchen with a large center island, contemporary bathrooms with double vanities, and high-end systems including owned solar, a tankless water heater, and energy-efficient split ductless HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Modern Tech
The property features owned solar panels, a tankless water heater, and an electric car charger, offering significant long-term utility savings and modern convenience.
- Prime Corner Layout
As a corner end unit, this home benefits from extra windows for abundant natural light and a desirable open-concept flat layout that maximizes the 1,505 square feet of living space.
- Exceptional Value & Incentives
With a remarkably low HOA fee for the area and seller-offered credits for rate buy-downs or closing costs, this 2022-built home presents a highly competitive financial package.
CONSRISKS & DEFICIENCIES
- Staircase Access
Although the main living area is a single-level flat, the ground-floor entry requires navigating a staircase, which may be a drawback for buyers with mobility concerns.
- Minimal Private Outdoor Area
The outdoor space is limited to a corner balcony, which may not satisfy buyers specifically looking for a private backyard or larger garden space.
About 243 Pin Lane
Welcome to 243 Pin Lane, a beautiful 2022 built 3 bedroom, 2 bath corner end unit flat, one of the most in demand floor plans! **OWNED SOLAR** and a very **LOW HOA fee of $243/month!!**. **Additionally, Sellers are willing to consider a ** RATE BUYDOWN OR CLOSING COSTS CREDIT!** This home has it all, a coveted corner location set back from the main street, a covered corner balcony is an extension of the living space, modern conveniences, and a 2 car side by side garage with an electric car charger! Upgrades include kitchen pendant lighting, remote controlled blinds and remote-controlled heat/air, a Ring doorbell and security system, and other tech. After entering through the modern bold colorful door, you'll be in the home's entry with direct garage access, and a staircase leading to the flat, a highly desirable open layout with one level of living space! A kitchen with a large center island with pendant lights and counter seating for 4 or more opens to the living room and dining area with lots of windows. The space gets abundant natural light with neighborhood views. The third bedroom could also be used as an office or flexible space. The corner balcony is an extension of the living room, and offers your own space for relaxing outdoors not always available in a townhome or condo. A spacious indoor laundry room with cabinets and a shelf adds storage and convenience. Owned solar, a tankless water heater, and energy efficient split ductless air and heating offer comfort and energy efficiency. The Covina Bowl community is stylistically designed to reflect the iconic design of the nearby historic Covina Bowl. An HOA fee this low is difficult to find! This friendly community features a fun colorful playground and community picnic benches, and a lawn area. Walk to restaurants and stores, and many other conveniences. Award winning school district! Near major freeways and Metrolink public transportation, a very commuter friendly location. Enjoy the vibrant farmer's market, Covina mall, biking, hiking trails, golf and other recreation available in this foothills community, while being a short drive to downtown LA, Orange County, the beaches and mountains! Drive by and call for a showing. Don't wait, come make your new fall memories here!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $248.98 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,505 | 1,286.818 |
| Lot Size | - | 61,961.273 |
| Price | $679.0K | $537.1K |
| Price per sq ft | $451 | $456 |
| Built year | 2022 | 2002 |
| HOA | $248.98 | $357 |
| Days on market | 28 | 78 |
Pricing History
Listed for Sale
Aug 12, 2026
$679,000
Initial Listing
Sold
Dec 30, 2022
$679,500
Public Record