4900 N Grand, Covina, California 91724, Covina, 91724 - 2 bed, 2 bath
4900 N Grand
Covina, California 91724
Property Price
SUMMARY
Analysis of 4900 N Grand, Covina, California 91724 is currently available with a list price of $535,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and well-maintained, featuring several key updates that elevate it above a fair rating. The kitchen and bathrooms have been modernized with stone countertops and stainless steel appliances, and the living areas feature contemporary laminate flooring. While the 1984 build is still evident in the popcorn ceilings and older cabinet structures, the unit shows minimal wear and tear and requires no immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- First-Time Buyer Incentives
The property is eligible for various first-time buyer financing programs, including down payment assistance and grants, making it highly accessible for entry-level homeowners.
- Generous Living Space
With 1,300 square feet of living area, this unit offers a significantly larger footprint than many standard two-bedroom condos, featuring an open layout and in-unit laundry.
- Move-In Ready Condition
The interior is well-maintained and bright, offering a functional floor plan and a private primary suite that allows for immediate occupancy without the need for initial renovations.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $474.05 is relatively high, which increases the monthly carrying costs and may impact the debt-to-income ratio for some buyers.
- Aging Infrastructure
Built in 1984, the complex is over 40 years old, which may result in higher long-term maintenance requirements or potential future special assessments for community repairs.
About 4900 N Grand
Opportunity knocks for first-time buyers!!! This move-in-ready 2 bedroom, 2bath, in-unit laundry, condominium offers approximately 1,300 square feet of bright, open living space in a peaceful, established community. The property may be eligible for first-time buyer financing programs, including down payment assistance and grant programs, which could help reduce upfront purchase costs for qualified buyers. The interior features a functional layout with generous living areas, ample natural light, and a private primary suite. Community amenities include landscaped grounds, walking paths, and shared recreational areas that enhance everyday living. Conveniently located near shopping, dining, and commuter routes, this home presents a compelling option for buyers seeking space, comfort, and long-term value. A strong opportunity to step into homeownership in today’s market. Financing program availability subject to buyer qualification and lender approval.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 123,173 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $474.05 / Month
Neighborhood Insights
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 | 123,173 | 110,816 | 60% |
| Price | $535.0K | $510.0K | 60% |
| Price per sq ft | $412 | $437 | 30% |
| Built year | 1984 | 1984 | 50% |
| HOA | $474.05 | $463 | 50% |
| Days on market | 44 | 136 | 20% |
Pricing History
Listed for Sale
Jan 21, 2026
$535,000
Initial Listing