523 E Covina, Covina, California 91722, Covina, 91722 - 3 bed, 2 bath
523 E Covina
Covina, California 91722
Property Price
SUMMARY
Analysis of 523 E Covina, Covina, California 91722 reveals a property with a current list price of $799,000, which is 16% above the estimated $670,612 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 E Covina Subject | $799,000* List Price | 3 | 2 | 1,233 | $544 | - |
A 1271 N Starcrest Drive Sold | $735,000 | 3 | 2 | 1,010 | $728 | 0.2 mi |
B 1070 N Prospero Sold | $830,000 | 3 | 2 | 1,419 | $585 | 0.2 mi |
C 912 N Prospero Drive Sold | $825,000 | 3 | 2 | 1,551 | $532 | 0.3 mi |
D 684 E Hurst Street Sold | $815,000 | 4 | 2 | 1,334 | $611 | 0.5 mi |
E 18042 E Tudor Sold | $750,000 | 3 | 2 | 1,612 | $465 | 1.0 mi |
F 4722 N Fircroft Active | $739,999 List Price | 4 | 2 | 1,150 | $643 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1955, this property is 69 years old with no indication of recent renovations. The 'as-is' sale condition and 'drive-by only' restriction strongly imply that the interior, including the kitchen and bathrooms, is severely outdated and likely requires substantial repairs and rehabilitation for major systems and finishes. The exterior also shows its age, lacking modern updates.
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 = 7324, living area = 1233.
- Prime Covina Location
Situated in a convenient and beautiful Covina neighborhood, offering easy access to shopping, dining, major streets, and freeways, enhancing its desirability.
- Spacious Lot Size
A generous 7,324 sqft lot provides ample outdoor space for recreation, gardening, or potential future expansion possibilities.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold 'as-is,' indicating that the buyer will be responsible for any necessary repairs, upgrades, or deferred maintenance, potentially adding significant costs.
- Restricted Access for Showings
The 'drive-by only' and 'do not disturb occupants' stipulations severely limit potential buyers' ability to view the interior and conduct thorough inspections, creating uncertainty and potentially deterring offers.
- Age of Property
Built in 1955, the home is over 65 years old, which may imply the need for updates to systems (plumbing, electrical, HVAC) and finishes to meet modern standards and preferences.
About 523 E Covina
Single-family home located in a convenient, beautiful Covina neighborhood near shopping, dining, major streets, and freeways. Property is currently occupied; do not disturb occupants. Drive-by only. Property to be sold as-is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,324 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,233 | 1,346 | 33% |
| Lot Size | 7,324 | 7,115 | 62% |
| Price | $799.0K | $770.0K | 62% |
| Price per sq ft | $648 | $556 | 82% |
| Built year | 1955 | 1954 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 163 | 5% |
Pricing History
Listed for Sale
Jan 13, 2026
$799,000
Initial Listing
Sold
Sep 21, 2010
$340,000
Public Record