(No pictures available yet)
$874,900
MLS: RS26093355
Beds
5
Baths
2
Sq Ft
1,672
Lot
0.18 ac
Year Built
1955
MLS #
RS26093355
Days on Market
9
Listed
Apr 30, 2026
Description
Welcome to 5030 N Lyman Ave in Covina, a beautifully updated home offering space, comfort, and modern upgrades throughout. This expansive 1,672 sq ft residence sits on a generous 7,678 sq ft lot and features 5 bedrooms and 2 bathrooms, making it ideal for growing households, multi-generational living, or those needing extra workspace. Additionally, the home boasts a HUGE FAMILY ROOM with a stunning wood-beamed ceiling, creating a warm and inviting atmosphere perfect for gatherings and relaxation. Extensively remodeled, the property showcases thoughtful updates throughout, including a refreshed primary bedroom and bathroom designed for comfort and style. Major system improvements add peace of mind, highlighted by an upgraded 200-AMP ELECTRICAL PANEL and a BRAND NEW HEATING AND AIR CONDITIONING SYSTEM scheduled for installation prior to the close of escrow. Conveniently located near the 210 freeway, this home offers easy access to commuting routes, shopping, dining, and local amenities. Don’t miss this opportunity to own a move-in-ready home with modern upgrades and exceptional space in a desirable Covina neighborhood.
Location
Covina, Los Angeles County, CA 91724
Open on Google Maps ↗Listed by: Kenneth Palma · Palma Investments
Payment estimate
$6,522
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $87,490 · Loan: $787,410
- Principal & Interest
- $4,982
- Property tax (1.25%)
- $911
- Homeowners insurance
- $300
- Mortgage insurance
- $328
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $30,622 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.
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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
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