573 N Jalapa, Covina, California 91724, Covina, 91724 - 6 bed, 4 bath
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Covina, California 91724
This Exquisite Renovated Estate is a High-Potential Investment Opportunity, listed at $2,189,000—positioned well below the $2,259,735 Fair Market Value by 3%. This valuation gap provides $70,735 in Instant Equity. Boasting an Excellent Condition Rating, the home features a 2023 permitted addition, chef-inspired kitchen, and a resort-style backyard with a cascaded pool and mountain views. Situated in the Covina Valley Unified district near top-rated schools, this 6 bedrooms property includes a Tesla charger. It is an ideal acquisition for Luxury Home Seekers or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 573 N Jalapa Subject | $2,099,999* List Price | 6 | 4 | 3,166 | $691 | - |
A 1833 Rancho Tujunga Active Under Contract | $1,978,000 List Price | 5 | 3 | 2,902 | $682 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a significant permitted addition in 2023. The interior features a modern chef-inspired kitchen with quartz countertops and stainless steel appliances, fully updated bathrooms, new wide-plank flooring, recessed lighting, and custom shutters. Major systems are updated with a newer roof, energy-efficient A/C, and a Tesla charger, meeting the highest standards for move-in readiness with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20996, living area = 3166.
The expansive, nearly half-acre flat lot features a 20x40 sparkling pool, heated spa, and custom firepit, offering a premier private resort-like experience for entertaining.
The property boasts significant 2023 permitted additions and comprehensive renovations, including a newer roof, energy-efficient A/C, and a Tesla charger, ensuring modern turnkey readiness.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
The listing price is positioned at a significant premium for the Covina area, which may limit the pool of qualified buyers and test the local market ceiling.
While the high schools are highly rated, the assigned elementary and middle schools have more moderate ratings (5-6), which could be a factor for education-focused families.
Exquisite Covina Heights home with a fully automated private gate. Features 6 bedrooms and 3.5 bathrooms. The 2 oversized bedrooms with a full bath on the main level – newly constructed in 2023 with permits. The primary upstairs suite showcases mountain views and a private ensuite with dual vanities and a walk-in shower. The home has been tastefully upgraded/maintained throughout, featuring fully renovated bathrooms, double-pane windows, sliding doors, custom wood shutters, recessed lighting, newer roof, energy-efficient A/C system, and more, all wrapped in fresh interior/exterior paint. The living room boasts natural light from oversized windows that flow seamlessly into the formal dining room, making it perfect for entertaining your family and friends. A cozy family room with a charming fireplace invites warmth and relaxation, while the large chef-inspired kitchen with quartz countertops inspires culinary creativity. Step outside into an expansive, ALL FLAT park-like backyard with fruit trees, a 20x40 sparkling cascaded pool with a heated spa, gas firepit with custom seating and flowerbeds, large patios, pavers with integrated drainage throughout, it’s like living at your own resort. Attached 3-car garage with Tesla charger provides ample storage. Close to golf course/country club, shopping center, Tokyo Central Japanese Market, restaurants, parks, schools, and easy access to the 10, 57 & 210 freeways. CalPoly and MT San Antonio College are just a few minutes away.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 1.7 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 98% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 3,166 | 1,906 | 93% |
| Lot Size | 20,996 | 8,433 | 78% |
| Price | $2.10M | $932.5K | 98% |
| Price per sq ft | $663 | $511 | 93% |
| Built year | 1968 | 1961 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 160 | 2% |
Apr 17, 2026
$2,099,999
$2,189,000
-4% Price Drop
Initial Listing
Mar 20, 2026
$2,189,000
Initial Listing
Mar 30, 2021
$999,000
Public Record
Aug 31, 2018
$860,000
Public Record
Jan 20, 2012
$568,000
Public Record
Jan 9, 1997
$257,000
Public Record