5141 N Lyman, Covina, California 91724, Covina, 91724 - 6 bed, 4 bath
ACTIVE$998,000$2,400/sqft
Est. Value: $962,333
-3%
AboveEstimate
5141 N Lyman, Covina, California 91724
6Beds
4Baths
2,400Sqft
7,659Lot
Price Vs. Estimate
The estimated value ($962,332.68) is $35,667.32 (3%) lower than the list price ($998,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Glendora High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Compared to the nearby listings
Price:$998.0K vs avg $922.5K (+$75,500)65%
Size:2,400 sqft vs avg 1,804.5 sqft79%
Price/sqft:$416 vs avg $5265%
More Insights
Built in 1955 (71 years old).
Condition: Built in 1955, this property is nearly 70 years old. The listing provides no interior images or details regarding recent renovations, especially for key areas like kitchens and bathrooms. The 'DRIVE BY ONLY DO NOT DISTURB TENANTS' instruction prevents any assessment of the interior condition. Given the property's age and the complete lack of information or visual evidence of updates, it is highly probable that the interior, particularly kitchens and bathrooms, are significantly outdated and require substantial repairs and rehabilitation to meet current quality standards.
Year Built
1955
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$416
HOA
-
Days on market
-
Sold On
-
MLS number
TR26010811
Home ConditionPoor
Features
View-
About this home
Legal records reflect a 4 bedroom, 4 bathroom single-family residence. The property is currently configured as two separate living units, each offering a 3 bedroom, 2 bathroom layout. Buyer to conduct their own investigations and rely on their own due diligence regarding permits, use, and configuration. Property features one central air conditioning system serving the home and paid-off solar, providing long-term energy savings. The flexible layout offers potential for multi-generational living or extended family use. Conveniently located in a desirable Covina neighborhood near schools, shopping, dining, and freeway access. This property presents a unique opportunity for buyers seeking space, versatility, and future potential.--DRIVE BY ONLY DO NOT DISTURB TENANTS.
M
Marisol Amavizca
Listing Agent
Nearby schools
5/10
Glen Oak Elementary School
Public,•K-6•0.6mi
7/10
Willow Elementary School
Public,•K-6•0.7mi
6/10
Cedargrove Elementary School
Public,•K-6•0.8mi
8/10
Washington Elementary School
Public,•K-6•1.2mi
8/10
Gladstone Elementary School
Public,•K-5•1.2mi
5/10
Badillo Elementary School
Public,•K-6•1.4mi
7/10
Stanton Elementary School
Public,•K-5•2.1mi
7/10
Barranca Elementary School
Public,•K-5•2.7mi
8/10
Lone Hill Middle School
Public,•6-8•1.4mi
6/10
Royal Oak Middle School
Public,•7-8•1.7mi
5/10
Sierra Vista Middle School
Public,•6-8•2.1mi
7/10
Sandburg Middle School
Public,•6-8•2.8mi
7/10
Charter Oak High School
Public,•9-12•0.8mi
8/10
San Dimas High School
Public,•9-12•1.7mi
9/10
Glendora High School
Public,•9-12•2.2mi
8/10
South Hills High School
Public,•9-12•3.6mi
Condition Rating
Poor
Built in 1955, this property is nearly 70 years old. The listing provides no interior images or details regarding recent renovations, especially for key areas like kitchens and bathrooms. The 'DRIVE BY ONLY DO NOT DISTURB TENANTS' instruction prevents any assessment of the interior condition. Given the property's age and the complete lack of information or visual evidence of updates, it is highly probable that the interior, particularly kitchens and bathrooms, are significantly outdated and require substantial repairs and rehabilitation to meet current quality standards.
Pros & Cons
Pros
Great Schools: High School: Glendora High School (9/10).
Versatile Configuration: The property is uniquely configured as two separate 3-bedroom, 2-bathroom units, offering excellent potential for multi-generational living or generating rental income.
Energy Efficiency: Equipped with paid-off solar panels, this property provides significant long-term energy savings and reduced utility costs.
Central Air Conditioning: The home features one central air conditioning system, ensuring comfort throughout the property.
Desirable Location: Conveniently located in a sought-after Covina neighborhood, with easy access to schools, shopping, dining, and major freeways.
Future Potential: The flexible layout and dual-unit configuration present a unique opportunity for buyers seeking space, versatility, and considerable future potential.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Configuration Discrepancy & Due Diligence: There is a discrepancy between legal records (4 bed/4 bath) and the current configuration (two 3 bed/2 bath units), requiring extensive buyer investigation and due diligence regarding permits and legality.
Limited Buyer Access: The 'DRIVE BY ONLY DO NOT DISTURB TENANTS' restriction severely limits potential buyers from conducting thorough interior viewings and inspections, creating uncertainty about the property's condition.
Age of Property: Built in 1955, the property is an older home, which may imply potential for outdated systems, deferred maintenance, or the need for significant renovations beyond the current configuration.