
Covina, California 91724
This Rare Covina Hills Value-Add Estate is listed at $1,280,000, representing a strategic play for its unique 0.59-acre fully flat lot and full-size lighted tennis court. While the $1,176,897 Fair Market Value indicates a premium for land utility, the property’s Condition Rating of 4 and dated 1955 interiors offer a clear path for forced appreciation through modernization. Featuring horse property zoning and significant ADU potential within the Covina Valley Unified district, the asset provides immense development flexibility. This is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build a custom multi-generational compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 751 S Corrida Subject | $1,280,000* List Price | 3 | 2 | 2,450 | $469 | - |
A 19613 E Covina Hills Sold | $1,115,000 | 3 | 3 | 2,792 | $399 | 0.4 mi |
B 1853 E Renshaw Street Sold | $1,150,000 | 4 | 2 | 2,670 | $431 | 1.0 mi |
C 530 Rancho Los Nogales Drive Active | $1,049,000 List Price | 4 | 3 | 2,732 | $384 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is well-maintained but features dated interior aesthetics likely from renovations done 20-30 years ago. The kitchen contains older custom cabinetry and tile countertops, while the living areas feature aged wood-beamed ceilings, a retro wet bar, and older carpeting. While functional and move-in ready, the property shows significant signs of being outdated and requires cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 25613, living area = 2450.
The rare 0.59-acre fully flat lot provides a massive canvas for development, including potential ADU construction or personalized landscaping, which is highly sought after in the Covina Hills area.
Featuring a full-size lighted tennis court and horse property zoning, this residence offers unique recreational and lifestyle opportunities that are difficult to find in standard residential listings.
Built in 1955, the home may require significant capital investment for modernizing aesthetic finishes and updating aging infrastructure to meet contemporary buyer expectations.
Despite the generous square footage, the property only offers three bedrooms, which may limit its appeal to larger families or those requiring multiple dedicated home office spaces.
This quiet Covina Hills property is located on a 25,613 sq. ft (.59 acre lot) ALL FLAT LOT with endless possibilities. It features 3 bedrooms, 2 baths. Primary suite with walk-in closet. Large open concept living room connected to the formal dining room. Bonus room and family room with wood beamed ceilings, large fireplace (wood & gas), built-in bbq and large wet bar perfect for entertaining, kitchen with a nook area and custom cabinetry. Attached 3 car garage. You will find an amazing HUGE backyard with a FULL-SIZE lighted TENNIS COURT. Room to build ADU. Close to golf courses/country clubs, shopping centers, restaurants, parks, schools, and easy access to the 10, 57, 60 and 210 freeways. Cal-Poly Pomona University and Mt San Antonio College just few minutes away. Horse property. Circular driveway with ample parking. (.59 acre lot)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,450 | 1,906 | 76% |
| Lot Size | 25,613 | 8,433 | 87% |
| Price | $1.28M | $932.5K | 84% |
| Price per sq ft | $522 | $511 | 60% |
| Built year | 1955 | 1959 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 160 | 13% |
Feb 23, 2026
$1,280,000
Initial Listing