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216 West Merlot Drive, Covina, CA 91723

$550K2bd · 3ba · 1,340 sqft
Lot 38,691 sqft•HOA $300/mo•Townhouse•
Active
•76d on market•MLS# WS-25093735

Property Description

Charming 2-Bed, 2.5-Bath Condo in Prime Covina Location! Step into this light-filled townhouse just a short stroll from vibrant Downtown Covina and steps away from the Metrolink station. Tucked in a quiet, private part of the complex away from the street, facing a serene courtyard with BBQ areas—ideal for weekend gatherings, family time, and pets. Entry and attached two car garage are on the ground floor. Brand new garage door installed in Feb 2026! The main floor includes a spacious living room, fireplace, dining area, half bathroom, and kitchen featuring granite countertops and oak cabinetry. Upstairs, enjoy two bedroom suites each with their own full baths, and in-unit laundry. Ample storage throughout as well as plenty of guest parking. Water heater was replaced a few years ago. Garage motor system and coils were placed three years ago. HOA amenities include trash service and security patrol. Minutes from Downtown Covina, West Covina Plaza, top-rated schools, parks, restaurants, and freeway access. Come tour this beautiful home!

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Townhouse
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Courtyard
City
Covina
Zip Code
91723
County
Los Angeles
Listed bySunshine International Inv., Inc., Alan Chang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

216 West Merlot Drive, Covina, CA 91723

Covina · Townhouse

$550K
Affordable Tier
Beds
2
Baths
3
Sqft
1,340
Lot
38,691 sqft
Year
2006
$/Sqft
$410
Pool: No✓
View: Courtyard✓
Garage: 2-car✓

Listed 6.0% below the median closed sale of $585,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $550K· $410/sqft
Total list price
Closed comps
vs closed median $585K
−$35K (−6.0%)
Active comps
vs active median $655K
−$105K (−16.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $440
−$30 (−6.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
812 Katie PlaceCovina2026231,2900$494$636,900491
521 Lark EllenCovina2005331,52048,610$431$655,0006988
521 Lark EllenCovina2005331,54248,610$425$655,0006888
511 Lark EllenCovina2005331,54248,610$425$655,0006888
511 Lark EllenCovina2005331,54248,610$425$655,0006888
Total: 5 · Average2.83.01,487.248,610$440$651,38055.4
Median1,542$655,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
217 ZinfandelCovina200609/29/2026231,34041,278$550,000$555,000$4141.0110499
1160 SunflowerCovina198309/17/2026231,25142,194$574,900$585,000$4681.024989
1178 SunflowerCovina198310/02/2026231,13737,506$549,000$555,000$4881.013386
838 Katie PlaceCovina202505/29/2026231,4960$664,900$664,900$4441.009086
523 Puente StCovina198406/17/2026231,3611,714$615,000$630,000$4631.025983
Total: 5 · Average2.03.01,31730,673$597,980$597,980$455.4—67
Median1,340$585,000$585,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.