256 E Groverdale Street, Covina, California 91722, Covina, 91722 - 4 bed, 2 bath
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Covina, California 91722
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $839,000—positioned slightly above the $807,672 Fair Market Value by -3%. While the property requires modernization, its Condition Rating of 4 and 37-year pride of ownership provide a stable foundation. Featuring a large 7,015 sqft lot and energy-efficient attic insulation, this home offers significant value-add potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to renovate a well-maintained asset in the Covina Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 E Groverdale Street Subject | $839,000* List Price | 4 | 2 | 1,562 | $517 | - |
A 1330 N Fenimore Avenue Sold | $775,000 | 3 | 2 | 1,175 | $660 | 0.4 mi |
B 4536 N Linda Terrace Drive Sold | $800,000 | 3 | 2 | 1,330 | $602 | 0.9 mi |
C 1113 N Calvados Sold | $760,000 | 3 | 2 | 1,115 | $682 | 0.4 mi |
D 17722 E Benbow Street Sold | $625,000 | 3 | 2 | 1,421 | $440 | 1.0 mi |
E 4722 N Fircroft Avenue Sold | $718,000 | 4 | 2 | 1,150 | $624 | 0.6 mi |
F 1230 N Aldenville Active Under Contract | $775,000 List Price | 4 | 2 | 1,524 | $509 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956 and owned for 37 years, the property is well-maintained but dated. While it features newer laminate flooring and fresh paint, the presence of popcorn ceilings and the age of the structure suggest that kitchen, bath, and system updates are likely needed to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7015, living area = 1562.
The property is situated in a quiet, highly desirable neighborhood away from the noise and traffic of highways, washes, and major thoroughfares.
Unlike many local homes, this property features an attic that provides superior temperature regulation, significantly reducing monthly heating and cooling costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7015, other record lot size in square feet = 6934.
Built in 1956, the property may feature older electrical, plumbing, or mechanical systems that could require modernization to meet current building codes.
With four bedrooms distributed across 1,562 square feet, individual room sizes may feel small, potentially limiting furniture options for larger families.
Finally on the market, this property was bought 37 years ago and kept nicely. This property is in a great location, not closed to any highway, wash, big streets, etc. This property has attics unlike a lot of properties in Covina; attics cost more to build, but it helps regulating the property temperature saving monthly expenses from cooling and heating. Refer to all property pictures, there are a lot to mention. New PEX water pipes were installed 4 years ago, roof 8 years ago, and AC 2 years ago.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,562 | 1,440 |
| Lot Size | 7,015 | 7,213 |
| Price | $839.0K | $814.0K |
| Price per sq ft | $537 | $545 |
| Built year | 1956 | 1956 |
| HOA | $0 | $0 |
| Days on market | 8 | 48 |
Jul 14, 2026
$839,000
Initial Listing