4900 4900 N Grand Ave 116, Covina, California 91724, Covina, 91724 - 2 bed, 2 bath
4900 4900 N Grand Ave 116
Covina, California 91724
Property Price
SUMMARY
Analysis of 4900 4900 N Grand Ave 116, Covina, California 91724 is currently available with a list price of $498,999. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1984, the property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features updated white shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior boasts new laminate wood-look flooring, recessed lighting, modern bathroom vanities, and fresh neutral paint throughout. The unit appears to be in like-new condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Glendora High School (9/10).
- Generous Living Space
With 1,300 square feet of living area, this condo offers a significantly larger footprint than many two-bedroom units in the region, providing a spacious master suite and an open-concept layout.
- Highly-Rated School District
The property is located within the Charter Oak Unified School District, offering proximity to top-rated schools such as Washington Elementary and Charter Oak High School, which is a major draw for families.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $440 per month represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Significant Pricing Volatility
The property has undergone a drastic price reduction from an original list price of $712,500 to $498,999, which may lead to buyer concerns regarding the home's market value or previous appraisal issues.
About 4900 4900 N Grand Ave 116
Welcome to this beautifully maintained condo in the heart of Covina, California a perfect place for a new family to call home. Featuring two spacious bedrooms and two full bathrooms, this home offers a bright and open layout designed for both comfort and connection. The inviting living room centers around a cozy fireplace, creating a warm atmosphere for family gatherings and quiet evenings alike. Step out onto the expansive private patio, where you can relax and enjoy peaceful views of the community — just a short walk from the refreshing pools. The large master suite includes a spacious bathroom, offering a comfortable retreat after a long day. Ideally located near top-rated schools, shopping centers, and family-friendly entertainment, this home combines convenience with a welcoming neighborhood feel. With its modern charm and thoughtful design, this Covina condo is the perfect setting to start new memories together.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 99,664 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $440.0 / Month
Neighborhood Insights
Covina Unified Schools
Cedargrove Elementary School
Grades K-6 • 0.5 mi
Washington Elementary School
Grades K-6 • 0.9 mi
Badillo Elementary School
Grades K-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,215 | 70% |
| Lot Size | 99,664 | 99,664 | 50% |
| Price | $499.0K | $505.0K | 40% |
| Price per sq ft | $384 | $437 | 20% |
| Built year | 1984 | 1984 | 50% |
| HOA | $440.0 | $446 | 50% |
| Days on market | 149 | 147 | 60% |
Pricing History
Listed for Sale
Feb 25, 2026
$498,999
$499,999
+0% Price Increase
Initial Listing
Price Change
Nov 1, 2025
$499,999
$512,500
-2% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$512,500
Initial Listing
Price Change
Oct 8, 2025
$712,500
Initial Listing