4455 N Lark Ellen Lane, Covina, California 91722, Covina, 91722 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$578,000
4455 N Lark Ellen Lane, Covina, California 91722
3Beds
2Baths
1,163Sqft
6,086Lot
Price Vs. Estimate
The estimated value ($578,000) is $0 (0%) lower than the list price ($578,000). This property may be overpriced.
Key pros and cons
Top Pros:
Value-Add Potential: Explicitly marketed as a 'fixer-upper,' this property offers significant opportunity for renovation, customization, and potential appreciation in value.
Top Cons:
Probate Sale Restrictions & Complexity: The requirement for an 'ALL CASH SALE,' 10% cashier's check, proof of funds, and being 'subject to confirmation and overbidding' significantly limits the buyer pool and introduces procedural hurdles and potential delays.
Compared to the nearby listings
Price:$578.0K vs avg $790.0K ($-212,000)3%
Size:1,163 sqft vs avg 1,345 sqft21%
Price/sqft:$497 vs avg $55727%
More Insights
Built in 1960 (65 years old).
Condition: Built in 1960, this property is explicitly marketed as a 'fixer-upper' and sold 'as is, where is,' indicating significant deferred maintenance. The exterior images show severe neglect, overgrown landscaping, faded paint, and outdated features. The property analysis confirms it 'likely requires substantial repairs, upgrades, and renovations' and that major systems are 'original, outdated, or nearing the end of their useful life.' While interior photos are unavailable, the overall condition strongly suggests the kitchen and bathrooms are original and in poor condition, requiring complete renovation. This aligns with the 'poor' rating, signifying substantial repairs and rehabilitation are needed.
Year Built
1960
Close
-
List price
$578K
Original List price
$379K
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
25595375
Home ConditionPoor
Features
View-
About this home
Probate Sale! Estate of Frances A. Mitchell. ALL CASH SALE! Buyer must provide 10% Cashiers Check payable to the ESTATE OF FRANCES A. MITCHELL and Proof of Funds! This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time are TBD. This 3 bed; 2 bath Single Family Home built in 1960 features +/-1,163 Sq Ft of living space, +/-6,084 Sq Ft lot, Zoned LCA1; APN: 8419-031-026. This is a great opportunity for someone looking for a fixer-upper! This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. (Timing of hearing is subject to the courts calendar approximately 60-days after the initial offer deadline date).
Condition Rating
Poor
Built in 1960, this property is explicitly marketed as a 'fixer-upper' and sold 'as is, where is,' indicating significant deferred maintenance. The exterior images show severe neglect, overgrown landscaping, faded paint, and outdated features. The property analysis confirms it 'likely requires substantial repairs, upgrades, and renovations' and that major systems are 'original, outdated, or nearing the end of their useful life.' While interior photos are unavailable, the overall condition strongly suggests the kitchen and bathrooms are original and in poor condition, requiring complete renovation. This aligns with the 'poor' rating, signifying substantial repairs and rehabilitation are needed.
Pros & Cons
Pros
Value-Add Potential: Explicitly marketed as a 'fixer-upper,' this property offers significant opportunity for renovation, customization, and potential appreciation in value.
Desirable Property Configuration: The 3-bedroom, 2-bathroom single-family home layout is a highly sought-after configuration, appealing to a broad range of family buyers.
Generous Lot Size: With a +/-6,084 Sq Ft lot, the property provides ample outdoor space for potential expansion, landscaping, or recreational activities.
Established Suburban Location: Situated in Covina, the property benefits from an established community with access to local amenities, schools, and infrastructure.
Probate Sale Opportunity: For cash buyers willing to navigate the specific process, a probate sale can sometimes present an opportunity to acquire a property at a competitive price, especially with the minimum overbid structure.
Cons
Probate Sale Restrictions & Complexity: The requirement for an 'ALL CASH SALE,' 10% cashier's check, proof of funds, and being 'subject to confirmation and overbidding' significantly limits the buyer pool and introduces procedural hurdles and potential delays.
As-Is Condition & Required Investment: Sold 'as is, where is, with no warranty,' the property likely requires substantial repairs, upgrades, and renovations, demanding significant additional financial outlay from the buyer beyond the purchase price.
Age of Property: Built in 1960, the home is over 60 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC, roof) may be original, outdated, or nearing the end of their useful life, necessitating costly replacements.