4738 N Midsite, Covina, California 91722, Covina, 91722 - 3 bed, 2 bath
4738 N Midsite
Covina, California 91722
Property Price
SUMMARY
Analysis of 4738 N Midsite, Covina, California 91722 reveals a Prime Investment Opportunity with a current list price of $748,000—significantly undercutting the $780,717 Fair Market Value by 4%. This valuation gap indicates a +$32,717 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Covina Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4738 N Midsite Subject | $748,000* List Price | 3 | 2 | 1,359 | $574 | - |
A 523 N Larkin Sold | $815,000 | 3 | 2 | 1,282 | $636 | 0.6 mi |
B 4739 N Conwell Avenue Sold | $625,000 | 4 | 2 | 1,196 | $523 | 0.4 mi |
C 217 W Alcross Street Sold | $775,000 | 4 | 2 | 1,144 | $677 | 0.6 mi |
D 266 E Tudor Street Sold | $777,000 | 3 | 2 | 1,270 | $612 | 0.7 mi |
E 4692 N Edenfield Sold | $810,000 | 3 | 2 | 1,554 | $521 | 0.3 mi |
F 5227 N Fairvalley Active | $799,000 List Price | 3 | 2 | 1,250 | $639 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1954, the property has undergone an extensive recent renovation that brings it to modern standards. The interior features brand-new flooring, a completely remodeled kitchen with new cabinetry and quartz countertops, and bathrooms that have been tastefully refreshed with contemporary finishes. With nearly all windows replaced, fresh paint, and a turnkey presentation, the home shows no signs of deferred maintenance and meets the criteria for a fully renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Remodel
The home is fully move-in ready, featuring comprehensive updates including brand-new flooring, quartz countertops, new cabinetry, and refreshed bathrooms that provide a contemporary and cohesive aesthetic.
- Energy Efficiency Upgrades
The recent replacement of nearly all windows significantly enhances the home's energy efficiency and natural light, offering a modern performance standard for a 1950s-era property.
- Generous Lot Size
Sitting on a nearly 7,000-square-foot lot, the property offers a spacious backyard that serves as a blank canvas for future value-add projects such as a pool, ADU, or custom outdoor living space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Reduced Bedroom Count
While public records list four bedrooms, the conversion of one room into a dining area reduces the private sleeping quarters to three, which may impact appeal for larger families.
- Unfinished Backyard
The backyard is currently a blank canvas, requiring the buyer to commit additional time and capital to install landscaping, hardscaping, or functional outdoor amenities.
About 4738 N Midsite
Welcome to this beautifully remodeled home in Covina, California, completely updated with modern finishes and thoughtful upgrades throughout. This move-in ready residence features brand-new flooring, newly installed kitchen cabinetry, elegant quartz countertops, and freshly painted interior walls that create a bright and inviting atmosphere. Almost all of the windows have been replaced in recent years, enhancing both energy efficiency and natural light. Both bathrooms have been tastefully refreshed with contemporary upgrades, offering a clean, cohesive look from top to bottom. Public records reflect 4 bedrooms; however, one bedroom has been thoughtfully converted into a dedicated dining room, providing added flexibility and improved flow for everyday living and entertaining. Additional highlights include a convenient indoor laundry closet, and a 2-car attached garage for secure parking and storage. Outside, the front yard showcases new landscaping that boosts curb appeal, while the spacious backyard offers a blank canvas ready for your personal vision — whether you envision a garden, patio, pool, or outdoor entertaining space. A turnkey opportunity with stylish updates, modern comforts, and room to make it your own — don’t miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,976 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,359 | 1,347 | 51% |
| Lot Size | 6,976 | 7,108 | 47% |
| Price | $748.0K | $770.0K | 39% |
| Price per sq ft | $550 | $554 | 49% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 164 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$748,000
Initial Listing