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480 W Kenoak Drive, Covina, California 91723, Covina, 91723 - 4 bed, 2 bath

480 W Kenoak Drive, Covina, California 91723 home-pic-0
ACTIVE$925,000
480 W Kenoak Drive, Covina, California 91723
4Beds
2Baths
1,979Sqft
7,952Lot
Year Built
1949
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$467
HOA
-
Days on market
-
Sold On
-
MLS number
WS24105430
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 51% below the list price. We found 3 Cons,6 Pros. Rank: price - $925.0K(71th), sqft - 1979(79th), beds - 4(61th), baths - 2(50th).

Best Deal in town! This Gorgeous home is located in the highly desirable area of historic Adam Park in Covina. Move-in ready! The property features a detached garage for ADU potential, that will allow you to live in 1 unit and rent out the other. Two separate gated driveways provide ample parking, including space for an RV. As you enter the home, you are greeted by a large open floor plan in the living room, complete with a beautiful fireplace. The spacious and upgraded kitchen offers plenty of cabinet space and opens to the dining area. The living area features a wall of windows overlooking the beautiful front yard and tree-lined street, providing lots of natural light. The home boasts 4 spacious bedrooms and recessed lighting throughout. An indoor laundry room adds convenience and a new water heater was installed. Step outside to discover the expansive backyard and patio, perfect for entertaining and family gatherings. The residence is ideally positioned near downtown Covina, West Covina Mall, parks, restaurants, schools, freeways, shopping centers, markets, and dining destinations. Seize this exceptional opportunity! Schedule your viewing today – act fast, as this gem will not last long.

Condition Rating
Good
The property, built in 1949, has undergone significant and modern renovations, particularly evident in the kitchen and bathrooms. The kitchen features contemporary white shaker cabinets, light-colored countertops, subway tile backsplash, and stainless steel appliances, all indicative of a recent upgrade. Both bathrooms also showcase modern vanities, fixtures, and tiling. The interior boasts consistent hardwood/laminate flooring and recessed lighting throughout, contributing to a fresh, move-in-ready feel. A new water heater has also been installed. While the original build year is older, the extensive and stylish updates in key areas, combined with the 'move-in ready' description, align with the 'Good' criteria for a property extensively renovated within the last 5 to 15 years, with well-maintained systems and minimal wear and tear.
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 = 7952, living area = 1979.
ADU Potential: The detached garage offers significant potential for an Accessory Dwelling Unit (ADU), providing an opportunity for rental income or multi-generational living.
Prime Location & Accessibility: Located in the highly desirable historic Adam Park, the property boasts excellent proximity to downtown Covina, West Covina Mall, schools, parks, freeways, and various shopping and dining destinations.
Move-in Ready & Upgraded Features: Described as 'move-in ready' with an upgraded kitchen, recessed lighting throughout, and a new water heater, minimizing immediate renovation needs for a buyer.
Ample Parking & RV Space: Two separate gated driveways provide abundant parking, including dedicated space for an RV, a highly sought-after feature.
Spacious Layout & Outdoor Entertainment: The home features a large open floor plan, 4 spacious bedrooms, and an expansive backyard with a patio, ideal for entertaining and family gatherings.

Cons

Significant Price Discrepancy: The listing price of $925,000 is substantially higher than the provided property estimation value of $451,372.25, which may indicate an aggressive pricing strategy or a potential overvaluation in the current market.
Age of Property: Built in 1949, the home is an older property. While upgrades are mentioned, potential buyers may need to consider the condition of original infrastructure (e.g., plumbing, electrical, foundation) that may not have been fully updated.
Unspecified HVAC System: The description highlights a new water heater but does not explicitly mention the presence or condition of a central air conditioning system, which is a common expectation and comfort feature for homes in California's climate.

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