338 E Michelle, West Covina, California 91790, West Covina, 91790 - 3 bed, 2 bath
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West Covina, California 91790
This property presents a High-Potential Investment Opportunity with a List Price of $797,000—positioned well below the $837,399 Fair Market Value by 4%. This valuation gap offers $40,399 in Instant Equity. While the home maintains a Fair Condition Rating (4/10) due to its 1955 vintage, the 9,197 sqft lot and City Lights View provide significant upside for modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in the West Covina school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 E Michelle Subject | $797,000* List Price | 3 | 2 | 1,344 | $613 | - |
A 1106 S Evanwood Sold | $767,000 | 3 | 2 | 1,409 | $544 | 0.6 mi |
B 643 E Michelle Street Sold | $830,000 | 3 | 2 | 1,325 | $626 | 0.5 mi |
C 845 E Florence Sold | $762,500 | 3 | 2 | 1,175 | $649 | 0.8 mi |
D 1225 W Glenmere Street Sold | $890,000 | 3 | 2 | 1,706 | $522 | 0.6 mi |
E 1108 S Broadmoor Sold | $900,000 | 4 | 2 | 1,483 | $607 | 0.6 mi |
F 1033 E Michelle Sold | $850,000 | 3 | 2 | 1,516 | $561 | 1.0 mi |
G 1106 S Serenade Sold | $905,000 | 4 | 3 | 1,550 | $584 | 0.9 mi |
H 1035 Vine Sold | $832,000 | 3 | 3 | 1,699 | $490 | 0.6 mi |
I 929 Russelle Dr. Active | $792,000 List Price | 3 | 2 | 1,394 | $568 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the property is over 70 years old. While the exterior shows pride of ownership with upgraded driveway pavers, the age suggests that the kitchen, bathrooms, and major systems (HVAC/Electrical) are likely dated and require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9197, living area = 1344.
The property sits on a generous 9,197 square foot lot, providing ample space for outdoor entertaining, gardening, or potential future expansions such as an ADU.
Featuring a desirable city lights view, this home offers an elevated aesthetic experience that enhances the property's overall marketability and evening ambiance.
Built in 1955, the property may require significant capital improvements or modernization of major systems to meet contemporary living standards and energy efficiency.
At 1,344 square feet, the interior footprint is relatively modest for the price point, which may challenge buyers looking for more expansive indoor living areas.
Exceptional opportunity in West Covina. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,344 | 1,729 |
| Lot Size | 9,197 | 10,400 |
| Price | $797.0K | $895.3K |
| Price per sq ft | $593 | $537 |
| Built year | 1955 | 1960 |
| HOA | $0 | $96 |
| Days on market | 49 | 48 |
Jun 3, 2026
$797,000
Initial Listing