20827 E Mesarica Road
Covina, CA, 91724
$2,999,999
MLS: PW25114934
Beds
8
Baths
7
Sq Ft
7,020
Lot
1.43 ac
Year Built
1955
MLS #
PW25114934
Days on Market
281
Listed
May 23, 2025
Description
Live Large in Covina's Best Pocket. Welcome to a rare estate opportunity on a quiet street bordering San Dimas. Sprawling over 1.43 acres of flat, usable land, this property offers over 7,000 sq ft of total living space, including a separate ADU and a sparkling pool. The main home features generous room sizes and classic lines—ready for your personal touch or full-scale renovation. With its gated setting, potential for multigenerational living or income-producing use, and unbeatable location in one of Covina’s most prestigious neighborhoods, this property is a true standout. Priced well below market average at only $454/sq ft, this is your chance to create a custom legacy estate. Buyer to verify all square footage and usage options. Some of the pictures are virtually altered or redesigned to show the potential.
Location
Covina, Los Angeles County, CA 91724
Open on Google Maps ↗Listed by: Carolyn Vazquez · Synergy Real Estate
Payment estimate
$21,139
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $300,000 · Loan: $2,699,999
- Principal & Interest
- $16,589
- Property tax (1.25%)
- $3,125
- Homeowners insurance
- $300
- Mortgage insurance
- $1,125
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Covina home with as little as 3.5% down using an FHA loan — roughly $105,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Covina, CA 91724 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.