
Covina, California 91724
This Turnkey Modern Condominium is a Prime Investment Opportunity listed at $499,800—positioned well below the $515,994 Fair Market Value by 3%. This valuation gap provides $16,194 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating with a new HVAC system, new windows, and an Updated Kitchen, the home offers a resort-style lifestyle with a balcony overlooking community waterfalls. Zoned for the 9/10 rated Glendora High School, it perfectly balances financial upside with premium living. This is an ideal match for Owner-Occupants or first-time buyers seeking a move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4900 N Grand Avenue 332 Subject | $499,800* List Price | 2 | 2 | 1,095 | $471 | - |
A 4900 N Grand Avenue Sold | $500,000 | 2 | 2 | 981 | $510 | 0.1 mi |
B 4900 N Grand Avenue 342 Sold | $450,000 | 1 | 2 | 981 | $459 | 0.1 mi |
C 4900 N Grand #131 Sold | $541,250 | 2 | 2 | 1,270 | $426 | 0.1 mi |
D 4900 N Grand 120 Sold | $510,000 | 2 | 2 | 1,160 | $440 | 0.1 mi |
E 4900 N Grand 322 Active Under Contract | $499,999 List Price | 2 | 2 | 981 | $510 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations within the last 5 years, including a new HVAC system, new windows, fresh interior paint, and updated kitchen and bathrooms. The interior features modern laminate flooring, recessed lighting, and contemporary fixtures, making it a fully move-in ready, turnkey home that meets current quality standards.
High School: Glendora High School (9/10).
The property features significant recent improvements including a new HVAC system, new windows, fresh interior paint, and updated kitchen and bathrooms, offering a move-in-ready experience.
Centrally located with rapid access to the 57, 210, and 10 freeways and Metrolink, the home is also ideally positioned near major institutions like Cal Poly Pomona and Azusa Pacific University.
The association fee of $468 per month is a substantial recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
Built in 1988, the complex may require ongoing maintenance or future special assessments typical of older multi-family developments, despite the individual unit's modern interior.
Welcome home to this beautifully situated two-bedroom condo in the heart of Covina, where privacy, natural light, and comfort come together effortlessly. Tucked away in a quiet, well-maintained community, this unit offers extra large windows creating a bright, airy retreat that truly feels like home. Step inside your beautifully updated- living room, dining room and kitchen perfect for both everyday living and easy entertaining. Your open layout flows seamlessly out onto your extra-large balcony. You will find, two generously sized bedrooms that provide peaceful escapes, ideal for restful nights, a home office, or hosting guests. Outside your door, enjoy the convenience of Covina living at its best--close to shopping, parks, hiking and commuter access, yet peacefully removed from the bustle. Whether you're starting your day with coffee on your peaceful patio with a view of the waterfalls, ponds and pool, or unwinding in the evening after a stroll through the neighborhood, this home offers a lifestyle that's both relaxed and connected. Property features: new interior paint, new windows, new HVAC system, updated kitchen and bathrooms, a garage, plus lots more! The HOA amenities include a pool, clubhouse, walking paths, large grass areas, picnic tables, an extra assigned carport to the unit, trash service, exterior complex insurance, and complex maintenance. Additional highlights include recessed lighting and an indoor laundry. Located in a quiet, well-maintained, pet-friendly community with pools, spas, and lush landscaping. This home is conveniently located to offer short drives to Azusa Pacific University, Cal Poly Pomona, Citrus College and Mt. SAC. The community is centrally located to provide easy access to the 57, 210, & 10 freeways, public transportation like the Metrolink, shopping centers, restaurants, parks, golf courses plus so much more! This home is truly a must see!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,095 | 1,160 | 36% |
| Lot Size | 99,664 | 99,664 | 50% |
| Price | $499.8K | $510.0K | 36% |
| Price per sq ft | $456 | $451 | 64% |
| Built year | 1988 | 1984 | 73% |
| HOA | $468.0 | $452 | 55% |
| Days on market | 13 | 174 | 9% |
Apr 9, 2026
$499,800
Initial Listing
Feb 27, 2024
$490,000
Public Record
Oct 7, 2011
$150,000
Public Record
Sep 28, 1998
$99,000
Public Record