3412 N San Joaquin, Covina, California 91724, Covina, 91724 - 3 bed, 2 bath
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Covina, California 91724
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $834,947 Fair Market Value by 10%. This valuation gap offers $85,947 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full-scale renovation, yet the 12,237 sq. ft. lot and Charter Oak location provide significant upside. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial potential for forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3412 N San Joaquin Subject | $749,000* List Price | 3 | 2 | 1,982 | $421 | - |
A 757 Rancho Sinaloa Sold | $755,000 | 3 | 2 | 1,839 | $411 | 0.1 mi |
B 1481 E Algrove St Sold | $930,000 | 3 | 3 | 2,118 | $439 | 0.6 mi |
C 1036 E Covina Hills Pending | $710,000 List Price | 3 | 3 | 1,781 | $399 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 and on the market for the first time in over 40 years, the home is in largely original condition. Features include dated 1950s pink tile bathrooms, popcorn ceilings, and wood paneling. The non-functional pool and 'as-is' sale status indicate significant deferred maintenance and the need for a full interior and system rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12237, living area = 1982.
High School: Glendora High School (9/10).
The property features a generous 12,237 sq. ft. lot with RV parking potential, providing ample space for an ADU, garden, or a custom outdoor entertainment area.
The property is sold in 'As-Is' condition with a non-functional pool, requiring a buyer with the budget and vision for a full-scale renovation.
Being on the market for the first time in over 40 years, the home likely requires comprehensive updates to its cosmetic finishes and major mechanical systems to meet current standards.
First time on the market in over 40 years! Discover a rare opportunity to own this charming 1959 home nestled in the highly desirable Charter Oak community of Covina. Brimming with character and endless potential, this spacious residence offers nearly 2,000 sq. ft. of living space, featuring three bedrooms, two bathrooms, two fireplaces, and a generous bonus family room. Situated on an expansive 12,000+ sq. ft. lot, the property provides ample room to reimagine and create your dream outdoor retreat. The existing pool, currently not in use, offers the option for restoration or redesign to suit your vision. Additional highlights include an attached two-car garage, a spacious driveway, and an additional parking area with potential for RV parking. Set on a peaceful, picturesque street, this home offers the perfect balance of tranquility and convenience. Enjoy close proximity to the vibrant shops, restaurants, coffee houses, and local events of downtown Covina, while benefiting from easy freeway access for commuting throughout Southern California. Whether you're an investor seeking your next project or a homeowner ready to renovate and personalize a home to your tastes, this property presents a unique opportunity in one of Covina's most sought-after neighborhoods. Offered for sale AS IS.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-5 • 0.9 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,982 | 1,839 | 61% |
| Lot Size | 12,237 | 8,422 | 75% |
| Price | $749.0K | $915.0K | 5% |
| Price per sq ft | $378 | $511 | 7% |
| Built year | 1959 | 1961 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 141 | 5% |
Jun 4, 2026
$749,000
Initial Listing