564 N Armel, Covina, California 91722, Covina, 91722 - 3 bed, 3 bath
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564 N Armel
Covina, California 91722
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,720Sq Ft
8,966Lot Size
Property Price
LIST PRICE$888,000
EST. MARKET VALUE
$871,987
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $888,000—positioned slightly above the $871,988 Fair Market Value. While the property requires cosmetic modernization given its Condition Rating of 4, the expansive 8,966-square-foot lot offers significant ADU Potential and Mountain Views. This asset provides a functional 1,720-square-foot layout for immediate occupancy while allowing for long-term value-add through renovation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic improvements.
Estimated Market Value
$871,987
Based on Realkey algorithm analyzing recent comparable sales in Covina.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 564 N Armel Subject | $888,000* List Price | 3 | 3 | 1,720 | $507 | - |
A 226 N Armel Sold | $778,000 | 3 | 2 | 1,444 | $539 | 0.2 mi |
B 105 N Larkin Drive Sold | $824,000 | 3 | 2 | 1,602 | $514 | 0.3 mi |
C 4637 N Elspeth Sold | $760,000 | 4 | 2 | 1,484 | $512 | 0.4 mi |
D 1162 W Bobbie Street W Sold | $788,000 | 4 | 2 | 1,805 | $437 | 0.7 mi |
E 820 W Griswold Rd Sold | $855,000 | 3 | 2 | 1,490 | $574 | 0.3 mi |
F 1230 N Aldenville Sold | $760,000 | 4 | 2 | 1,524 | $499 | 0.9 mi |
G 17722 E Benbow Street Sold | $625,000 | 3 | 2 | 1,421 | $440 | 0.4 mi |
H 17072 E Bellbrook Street Sold | $792,000 | 3 | 2 | 1,314 | $603 | 0.8 mi |
I 716 N Elspeth Way Active Under Contract | $799,000 List Price | 3 | 2 | 1,404 | $569 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, the home is well-maintained but significantly dated. The kitchen features original-style knotty pine cabinetry and older vinyl flooring, while the bathrooms show finishes that are likely 20-30 years old. While the inclusion of central HVAC and hardwood floors is a plus, the property requires comprehensive cosmetic updates to meet modern standards.
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 = 8966, living area = 1720.
- Expansive Lot & ADU Potential
The generous 8,966-square-foot lot provides a massive backyard with significant potential for an Accessory Dwelling Unit (ADU), offering opportunities for rental income or multi-generational living.
- Desirable Single-Story Layout
This ranch-style home features a functional 1,720-square-foot floor plan with hardwood flooring and central HVAC, providing a comfortable and accessible living environment.
CONSRISKS & DEFICIENCIES
- Cosmetic Modernization Needed
Built in 1955, the property likely requires interior updates and personalization to meet modern design standards, as indicated by the invitation for buyers to 'bring your ideas.'
- Competitive Pricing for Age
At a list price of $888,000 for a mid-century home, the initial investment may be high for buyers who also need to factor in the costs of potential renovations or upgrades.
About 564 N Armel
Welcome to this charming single-story ranch-style home offering 3 bedrooms, 2.5 bathrooms, and approximately 1,720 square feet of comfortable living space. The inviting interior features hardwood flooring, classic window shutters, central heating and AC, and a dedicated laundry room. Perfect for everyday living, relaxing, and entertaining, while direct access to the two-car garage adds convenience. Situated on an expansive 8,964-square-foot lot, the property’s standout feature is its oversized backyard. This versatile outdoor space offers plenty of room for dining, gardening, entertaining, a play area, a pool, or a private retreat. The generous lot may also provide excellent potential for an accessory dwelling unit (ADU), creating possibilities for additional living space, guest accommodations, a home office, or rental income. Conveniently located near shopping, dining, parks, schools, and major commuter routes, this home combines comfortable single-level living with exceptional outdoor space and exciting opportunities for future expansion. Bring your ideas and make this wonderful property your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 8,966 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,720 | 1,602.645 |
| Lot Size | 8,966 | 7,475.197 |
| Price | $888.0K | $828.5K |
| Price per sq ft | $516 | $539 |
| Built year | 1955 | 1958 |
| HOA | $0 | $219 |
| Days on market | 26 | 48 |
Pricing History
Listed for Sale
Aug 14, 2026
$888,000
Initial Listing
Sold
Jan 20, 2017
$549,000
Public Record
Sold
Nov 16, 2011
$348,000
Public Record