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1354 E Cienega Ave, Covina, CA 91724

Sale Price: $1,450,000
Oct 17, 20243,545 sqft6 beds4 baths
Listed by: Gary Lorenzini
License #: 00552465
Phone #: 626-445-5500
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: AR24215917

Property Description

Exceptional Income Opportunity in Covina! Discover the potential of this unique property featuring two separate houses on a spacious 30,000 sq.ft lot in the desirable city of Covina. Perfect for investors or homeowners looking to supplement their income or for an extended family. The main house consists of 4 bedrooms, 2 baths approximately 2,345 sq ft, complete with a spacious living room, dining room, and family room. Step outside to a backyard oasis, perfect for entertaining, featuring a sparkling pool, above ground hot tub and a covered patio. The well-appointed rear house built in 2002 features 2 bedrooms, 2 baths, approximately 1,200 sq ft with open floor plan, formal dining room, living room with a cozy fireplace, central air & heat, tile flooring with a 2-car attached garage. The large backyard is ideal for relaxation or outdoor activities. Each house has its own separate electric and gas meter. Additional features include a large 1,200 sq ft garage which presents the potential for conversion into an Accessory Dwelling Unit (ADU) adding even more value to this property. There is a bonus room, kitchenette and 3/4 bath attached. Plenty of RV parking and multiple RV hook ups. The possibilities are endless with the option to split the lot and create two single-family homes, two ADUs, and two junior ADUs. This property is ideal for car collectors. Located within the sought-after Charter Oak school district, this property is a rare find. Don’t miss out on this fantastic opportunity to invest in your future!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,535

TurboHome Estimated Value

$1,434,500

$405 sqft

High Valuation
$1,506,225
$425/sqft
Normal Valuation
$1,434,500
$405/sqft
Low Valuation
$1,362,775
$384/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$405/sqft$1,434,500

Neighborhood

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Comparative Value

$1.27M

$1.45M

$1.50M

619 W Gladstone St, Glendora, CA 91740

Sale Price: $1,268,000

Selected Comparable

1354 E Cienega Ave, Covina, CA 91724

Sale Price: $1,450,000

Selected Comparable

1354 E Cienega Ave, Covina, CA 91724

List Price: $1,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1354 E Cienega Ave, Covina, CA 91724

1354 E Cienega Ave, Covina, CA 91724

List: $1,500,000

Listed: 10/17/2024

Area:3,545 sqft
Price/sqft:$423
Beds:6
Baths:4
Year Built:
Lot Size:30,255

Comparable Properties

COMPARABLE
Choose comps
1354 E Cienega Ave, Covina, CA 91724

1354 E Cienega Ave, Covina, CA 91724

Sale: $1,450,000

12/24/20240.00 mi

Area:3,545 sqft
Price/sqft:$409
Beds:6
Baths:4
Year Built:
Weight:53.6%
619 W Gladstone St, Glendora, CA 91740

619 W Gladstone St, Glendora, CA 91740

Sale: $1,268,000

4/8/20251.03 mi

Area:3,126 sqft
Price/sqft:$406
Beds:6
Baths:4
Year Built:
Weight:46.4%

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3

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