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21312 E ArrowCovina, CA 91724

Los Angeles County

$1,995,000List price
1,206Sq Ft
1953Year built
0.30Acre lot
1Stories
5 weeks agoOn market

Description

RARE DEVELOPMENT & INVESTMENT OPPORTUNITY along the Arrow Highway corridor in unincorporated Los Angeles County. This approximately 0.30-acre property offers prominent Arrow Highway frontage and potential long-term redevelopment and assemblage value. The property is currently improved with an existing residence, providing potential interim use while an investor or developer evaluates future opportunities. The surrounding area is experiencing substantial residential development, including larger apartment and townhome projects. Nearby multifamily/development property has also been marketed in the $4 million+ range as of the time of this listing, further highlighting investor and developer activity in the immediate area. POTENTIAL ASSEMBLAGE OPPORTUNITY — the property's location adjacent to other parcels may create additional value to a developer seeking to assemble a larger development site. Los Angeles County planning documents have also identified this parcel and neighboring properties for higher-density housing planning, adding to the long-term redevelopment potential of this Arrow Highway corridor. Excellent opportunity for developers, builders, investors and land buyers seeking a strategically located parcel in the San Gabriel Valley. Buyer and buyer's agent to independently investigate and verify zoning, permitted uses, density, development potential, assemblage opportunities, access, utilities, entitlement requirements and all other matters with Los Angeles County and applicable governmental agencies. Seller and listing agent make no representations or guarantees regarding future development, density, entitlements or the feasibility of any proposed project. No showings. Drive by offers only. https://www.hcd.ca.gov/housing-elements/docs/los-angeles-co-6th-draft060721.pdf (page 327 at the time of this listing)

Property Information

Property type
Commercial Sale
Sub-type
Mixed Use
Year built
1953
Stories
1
Building area
1,206 Sq Ft
Lot size
0.30 acres
Days on market
36
MLS® Listing#
OC26194395

Property Features

Heating
Central
Laundry
None
Water source
Public
Parcel number
8401021058

Directions

Located on E Arrow Highway, just east of N Grand Avenue. Property is on the north side of Arrow Highway. Use GPS for exact location.

Listing Courtesy: MOSO Real Estate - 949-943-4162

Presented by: Jason Allen

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-05T00:00:00.000Z and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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