978 W Grovecenter, Covina, California 91722, Covina, 91722 - 3 bed, 2 bath
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Covina, California 91722
This property presents a High-Potential Investment Opportunity with a List Price of $815,000, positioned slightly above the $799,049 Fair Market Value. While the home is in Original Condition (Rating: 5), the expansive 10,540 sq. ft. lot provides significant ADU Potential and room for structural expansion. Featuring classic Midcentury Architectural Character, this asset requires a comprehensive renovation to modernize its systems and finishes. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on the property's substantial land-to-building ratio and strategic commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 978 W Grovecenter Subject | $815,000* List Price | 3 | 2 | 1,684 | $474 | - |
A 105 N Larkin Drive Sold | $824,000 | 3 | 2 | 1,602 | $514 | 0.6 mi |
B 226 N Armel Sold | $778,000 | 3 | 2 | 1,444 | $539 | 0.5 mi |
C 17940 E Edna Sold | $765,000 | 3 | 2 | 1,523 | $502 | 0.8 mi |
D 4637 N Elspeth Sold | $760,000 | 4 | 2 | 1,484 | $512 | 0.9 mi |
E 877 W Edna Sold | $625,000 | 2 | 2 | 1,405 | $445 | 0.6 mi |
F 341 S Armel Sold | $805,000 | 3 | 2 | 1,422 | $566 | 0.4 mi |
G 868 W Griswold Sold | $680,000 | 2 | 2 | 1,498 | $454 | 0.6 mi |
H 1162 W Bobbie Street W Pending | $775,000 List Price | 4 | 2 | 1,805 | $429 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 and explicitly described as being in 'original condition,' this 60-year-old home exceeds the 30-year threshold for a poor rating. The kitchen and bathrooms are severely dated and require a full rehab rather than minor updates. Additionally, the presence of a wall-mounted AC unit suggests the lack of a modern central HVAC system, and original electrical/plumbing systems are likely at the end of their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10540, living area = 1684.
The generous 10,540 sq. ft. lot provides significant space for outdoor living, home extensions, or the construction of an Accessory Dwelling Unit (ADU), offering excellent value-add potential.
Featuring classic 1964 elements such as handsome wood-beamed ceilings, hardwood floors, and a double-door entrance, the home offers a desirable aesthetic foundation for a modern restoration.
The home is in its original state, which will likely necessitate a substantial investment in modernizing the kitchen, bathrooms, and systems to meet current market standards.
The detached garage layout may be less appealing to buyers who prioritize the convenience and security of a direct-access attached garage.
Well Maintained Midcentury custom home built in 1964 on a large 10,500 sq. ft. lot in its original condition with considerable potential. This Spacious home is located in a quiet neighborhood features a double door entrance reception area with large formal living room, the family room features a cozy fire place, handsome wood beamed ceilings, hard wood floors and a large sliding glass door that opens to the patio and back yard. The family room transitions smoothly to breakfast bar and kitchen eating area offering a seamless open layout, this home also features three large bedrooms, one of them a master with bath and walk in shower, as well as a hallway bathroom and laundry room with plenty of cabinet space at rear door exiting to the large back yard. This home includes a detached garage and private garden area. These spacious grounds offer plenty of room for additional square footage to the home or an ADU. Don't miss this opportunity. This home is located near shopping, dinning, multiple area colleges and is conveniently located near 10,210,605 and 57 Fwys. Home Depot is located a half mile away, convenient for all of you projects or upgrades.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,684 | 1,440 |
| Lot Size | 10,540 | 7,213 |
| Price | $815.0K | $814.0K |
| Price per sq ft | $484 | $545 |
| Built year | 1964 | 1956 |
| HOA | $0 | $0 |
| Days on market | 12 | 48 |
Jul 10, 2026
$815,000
Initial Listing