
Covina, California 91722
This property presents a High-Potential Investment Opportunity with a List Price of $769,000—positioned well below the $788,979 Fair Market Value by 2%. This valuation gap offers $19,979 in Instant Equity for buyers. Featuring a 4 Condition Rating, the home requires cosmetic modernization, yet offers a solid foundation with a spacious 1,668 sqft floor plan and a covered patio. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4139 N Ellen Subject | $769,000* List Price | 3 | 2 | 1,668 | $473 | - |
A 4042 N Foxdale Avenue Sold | $742,000 | 3 | 1 | 1,308 | $567 | 0.4 mi |
B 15939 E Ballentine Place Sold | $736,000 | 3 | 2 | 1,232 | $597 | 0.4 mi |
C 17058 E Edna Sold | $770,000 | 4 | 2 | 1,440 | $535 | 0.9 mi |
D 4015 N Shadydale Sold | $728,000 | 3 | 1 | 1,240 | $587 | 0.3 mi |
E 4616 N Roxburgh Sold | $780,000 | 4 | 2 | 1,382 | $564 | 0.8 mi |
F 16512 E Cypress Street Sold | $585,000 | 3 | 2 | 1,286 | $455 | 0.5 mi |
G 16150 E Queenside Drive Sold | $640,000 | 4 | 2 | 1,418 | $451 | 0.3 mi |
H 16303 E Elgenia Active | $799,888 List Price | 4 | 2 | 1,525 | $525 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954 and owned by the same family for 70 years, the home is functional but dated. The kitchen was renovated approximately 25-30 years ago, and the interior features older wood paneling, shag carpeting, and original bathroom fixtures. It requires cosmetic updates and minor repairs to meet modern standards.
The 1,668 sqft floor plan features a large family room with impressive open wood-beam ceilings and a brick fireplace, offering a solid foundation for indoor-outdoor entertaining.
Held by the original owner for 72 years, this home has been lovingly maintained and offers a rare sense of stability and history in a desirable Covina neighborhood.
The property includes a long gated driveway and a detached two-car garage, providing ample parking and a spacious backyard ideal for gardening or future expansion.
With the last kitchen update occurring nearly 30 years ago, the home requires significant cosmetic modernization to align with contemporary buyer preferences.
The listing acknowledges the need for repairs and updates, suggesting that buyers should budget for potential system upgrades typical of a 1950s original-owner home.
Welcome to this well-loved Covina home, proudly offered for the first time in 72 years by its original owner. Filled with decades of cherished memories, this 3-bedroom, 1.75-bath residence offers 1,668 square feet of comfortable living space and an incredible opportunity to create your dream home. The spacious floor plan features a living room that flows seamlessly into the large family room, highlighted by a charming brick corner fireplace with a gas starter, an impressive open wood-beam ceiling, and a large sliding glass door that opens to the covered patio and backyard—perfect for indoor-outdoor living and entertaining. The kitchen was updated approximately 25–30 years ago with oak cabinetry and includes a generous breakfast nook, providing plenty of space for casual dining. While the home could benefit from cosmetic updates and repairs, it offers a fantastic blank canvas for buyers to personalize and make their own. Outside, you'll find a detached two-car garage and a long gated driveway with ample room for additional parking. The spacious backyard provides plenty of room for gardening, entertaining, or future possibilities. Located in a desirable Covina neighborhood, this home offers a convenient location close to shopping, dining, parks, schools, and commuter routes. Whether you're looking to restore its original charm or update it with your own style, this is a rare opportunity to own a home that has been lovingly cared for by the same family for more than seven decades.
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 | 1,668 | 1,440 |
| Lot Size | 6,482 | 7,213 |
| Price | $769.0K | $814.0K |
| Price per sq ft | $461 | $545 |
| Built year | 1954 | 1956 |
| HOA | $0 | $0 |
| Days on market | 15 | 48 |
Jul 7, 2026
$769,000
Initial Listing