5030 N Lyman Avenue, Covina, California 91724, Covina, 91724 - 4 bed, 2 bath

5030 N Lyman Avenue, Covina, California 91724 home-pic-0

5030 N Lyman Avenue

Covina, California 91724

ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
2Baths
1,672Sq Ft
7,678Lot Size

Property Price

LIST PRICE$675,000
EST. MARKET VALUE
$665,877

SUMMARY

Estimated Market Value

$665,877
Based on Realkey algorithm analyzing recent comparable sales in Covina.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5030 N Lyman Avenue
Subject
$675,000*
List Price
421,672$398-
A
1177 N Reeder
Sold
$795,000421,587$5010.3 mi
B
613 Garsden N
Sold
$680,000421,428$4760.8 mi
C
5103 N Nearglen Avenue
Sold
$795,000331,536$5181.0 mi
D
1651 E Retford St Street
Active
$849,900
List Price
421,695$5010.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1955 and explicitly marketed 'as-is' for renovation, this property requires substantial rehabilitation. The interior features outdated wood paneling, dark and worn carpeting, and visible window AC units, suggesting major systems are at or past their expected lifespan. While no direct images of the kitchen or bathrooms are provided, the overall condition of the visible areas indicates these critical spaces would also be in poor, highly dated condition, necessitating a complete overhaul.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7678, living area = 1672.

  • Great Schools

    High School: Glendora High School (9/10).

  • Significant Value-Add Potential

    The property offers excellent upside potential on a generous lot in a well-established neighborhood, explicitly marketed for renovation and value creation, appealing to investors or buyers seeking to customize.

CONSRISKS & DEFICIENCIES

  • As-Is Sale Condition

    The property is explicitly sold 'as-is,' indicating that the buyer will be responsible for all necessary repairs, updates, and potential deferred maintenance, which could be substantial for a 1955 build.

  • Requires Extensive Renovation

    The description implies the interior needs significant 're-imagining' and features like 'wood paneling' suggest dated aesthetics, requiring a considerable investment to modernize to contemporary standards.

  • Occupied Property Limitations

    The property is currently occupied, which restricts showing access and requires careful coordination, with the added potential for delays until it is delivered vacant at close of escrow.

About 5030 N Lyman Avenue

**NO FURTHER SHOWINGS AT THIS TIME** **Full Authority Probate sale with NO court confirmation required** Single-story home on a generous lot offering excellent upside potential in a well-established Covina neighborhood. The property features a detached garage, extended driveway, and a covered patio area ideal for outdoor living or future enhancements. Interior highlights include a spacious family room with exposed beam ceilings and wood paneling, providing a flexible layout ready for re-imagining. The backyard offers ample space for landscaping, entertaining, or expansion. This is a probate sale and presents a great opportunity for investors or buyers looking to renovate and add value. Conveniently located near local schools, parks, shopping, and major commuter routes. Property sold as-is. Property is currently occupied and will be delivered vacant at close of escrow. Please DO NO disturb occupants.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
7,678 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Covina Unified Schools

Glen Oak Elementary School

Grades K-6 • 0.5 mi

5/10

Willow Elementary School

Grades K-6 • 0.8 mi

7/10

Cedargrove Elementary School

Grades K-6 • 0.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.02.0
50%
Square foot1,6721,875
43%
Lot Size7,6788,412
28%
Price$675.0K$932.5K
2%
Price per sq ft$404$511
4%
Built year19551957
26%
HOA$0$0
50%
Days on market39143
2%

Pricing History

Listed for Sale

Jan 28, 2026

$675,000

$650,000

+4% Price Increase

Initial Listing

Price Change

Jan 26, 2026

$650,000

Initial Listing

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