4646 N Calvados Avenue, Covina, California 91722, Covina, 91722 - 3 bed, 1 bath
ACTIVE$600,000
4646 N Calvados Avenue, Covina, California 91722
3Beds
1Bath
969Sqft
6,871Lot
Year Built
1953
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$619
HOA
-
Days on market
-
Sold On
-
MLS number
SR25116574
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,5 Pros. Rank: price - $600.0K(3th), sqft - 969(4th), beds - 3(50th), baths - 1(14th).
Attention All Covina Investors, Flippers, Rehabbers, Developers, Contractors, Buyers, Agents & Visionaries. This Is The Opportunity At 4646 N Calvados Ave That You Have Been Waiting For. 6,858 SqFt Sweeping Corner Lot. Sold As-Is & Cash Only. Create Your Own Dream Home Here. One Of A Kind Offering. Potential Abounds. Outstanding Covina Location. Close To Everything. If You Are Only Driving By One Sensational Ultra Rare Covina Chance In The Price Range, Make Sure This Is It. Do Not Miss. Covina Possibilities At Its Best.
Condition Rating
Poor
This property, built in 1953, is 71 years old and explicitly marketed 'As-Is & Cash Only' to 'Investors, Flippers, Rehabbers, Developers, Contractors.' The description 'Create Your Own Dream Home Here' strongly implies a need for substantial repairs and rehabilitation, rather than minor updates. The exterior images show a neglected yard with dry grass, a cracked driveway, and older window AC units, suggesting a lack of recent maintenance and outdated systems. With only one bathroom for three bedrooms, the property also has functional deficiencies. Given its age and the clear indication that it requires a complete overhaul, it falls squarely into the 'Poor' category, necessitating significant investment to bring it to modern living standards.
Pros & Cons
Pros
Development Opportunity: The property is explicitly marketed towards 'Investors, Flippers, Rehabbers, Developers, Contractors, Buyers, Agents & Visionaries' with phrases like 'Potential Abounds' and 'Create Your Own Dream Home Here,' indicating significant value-add potential.
Large Corner Lot: A '6,858 SqFt Sweeping Corner Lot' (actual lot size 6871 sqft) offers ample space for expansion, landscaping, or potential Accessory Dwelling Unit (ADU) development, enhancing its long-term value.
Prime Location: Described as an 'Outstanding Covina Location. Close To Everything,' suggesting convenience and desirability within the local market.
Single Family Residence: As a single-family home in an established residential area, it generally benefits from consistent market demand and potential for appreciation.
Active Market Status: The property is currently 'Active' on the market, indicating immediate availability for interested buyers and developers.
Cons
As-Is & Cash Only Sale: The property is 'Sold As-Is' and requires 'Cash Only,' which severely limits the buyer pool and implies significant upfront costs for necessary renovations or repairs, as the seller will not contribute.
Significant Overpricing: The listing price of $600,000 is 25% higher than the estimated property value of $448,434.235, suggesting it is substantially overpriced given its current condition and market comparables.
Limited Living Space & Bathrooms: With only 969 sqft of living space and 1 bathroom for 3 bedrooms, the property offers restricted functionality and may not meet modern living standards without extensive renovation or expansion.