17913 E Kelby Street, Covina, California 91722, Covina, 91722 - 4 bed, 3 bath

17913 E Kelby Street, Covina, California 91722 home-pic-0
ACTIVE$850,000
17913 E Kelby Street, Covina, California 91722
4Beds
3Baths
1,380Sqft
7,179Lot
Year Built
1955
Close
-
List price
$850K
Original List price
$889K
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
CV25035643
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $850.0K(81th), sqft - 1380(51th), beds - 4(57th), baths - 3(87th).

PRICED TO SELL!!! Beautiful home nestled in desirable neighborhood in Covina. 4 bedrooms and 2.5 bathrooms plus garage conversion to ADU. Walk into an open floor plan with spacious living area Large master bedroom with private bathroom. All rooms are ample in size. Property has new plumbing, new Solar Panels with 2 back up batteries, New Electrical Panel, recetly completed half circular driveway. This home is turn key ready to move in with upgrades and curb appeal with beautiful landscaping. Come see this house and make it your home.

Condition Rating
Excellent

Despite being built in 1955, this property has undergone extensive and recent renovations, aligning with 'Excellent' condition criteria. The description explicitly states 'new plumbing, new Solar Panels with 2 back up batteries, New Electrical Panel, recently completed half circular driveway.' The images confirm a fully modernized interior, including a kitchen with new white shaker cabinets, stainless steel appliances, and contemporary countertops/backsplash. Bathrooms feature modern vanities, updated fixtures, and subway tile. Flooring throughout appears to be new LVP/laminate, and lighting is updated with recessed fixtures. The garage conversion to an ADU also indicates a significant, recent upgrade. The property is truly 'turn key ready' with virtually new components and a modern aesthetic.
Pros & Cons

Pros

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 = 7179, living area = 1380.
ADU Conversion & Income Potential: The garage has been converted into an ADU, providing significant added value, potential rental income, or flexible living space for multi-generational families.
Extensive System Upgrades: Major recent upgrades include new plumbing, a new electrical panel, and new solar panels with two backup batteries, significantly enhancing energy efficiency, reducing utility costs, and providing modern infrastructure.
Turnkey & Aesthetic Appeal: Described as 'turn key ready to move in' with 'beautiful landscaping' and a 'recently completed half circular driveway,' indicating excellent curb appeal and minimal immediate investment for a buyer.
Desirable Layout & Master Suite: The property features an open floor plan with a spacious living area and a large master bedroom with a private bathroom, catering to modern living preferences.
Desirable Neighborhood: Nestled in a 'desirable neighborhood in Covina,' suggesting a stable and attractive community environment.

Cons

Valuation Discrepancy: The listing price of $850,000 is substantially higher than the property's estimated value of $529,757.575, which could indicate a potential overvaluation or a challenge in securing financing at the asking price, despite the ADU and upgrades.
Age of Core Structure: Built in 1955, while many systems have been upgraded, the underlying structure and other original components may still be older, potentially leading to unforeseen maintenance or renovation needs not covered by the listed upgrades.
Modest Main House Square Footage: The main house offers 1380 sqft, which is on the smaller side for a 4-bedroom home, potentially resulting in more compact living spaces or bedrooms compared to larger properties in the area.

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