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21324 E ArrowCovina, CA 91724

Los Angeles County

$2,600,000List price
0.68Acre lot
10 days agoOn market

Description

**DEVELOPMENT OPPORTUNITY | FULLY ENTITLED 35-UNIT MULTI-FAMILY PROJECT** Rare opportunity to acquire an **entitled residential development site in Covina** with Planning Commission approval in place for a **35-unit residential project**. The approved plans call for a **three-story building with 35 residential units and 54 parking spaces**, providing an attractive opportunity for developers and investors seeking a project with the entitlement process substantially completed. The property offers the potential to move forward with a residential development without starting the entitlement process from the beginning. **Planning Commission approval has been granted and project entitlements are complete.** Conveniently located near **local restaurants, shopping, major transportation corridors, and freeway access**, offering future residents convenient access to surrounding amenities and employment centers. **ENTITLEMENTS & DUE DILIGENCE:** Approved plans are available during the due diligence materials e to qualified buyers. Contact the listing broker for access to the due diligence package. **Buyer to independently verify all information, including plans, entitlements, approvals, zoning, development standards, permits, measurements, costs, and project feasibility with the appropriate agencies.**

Property Information

Property type
Land
Lot size
0.68 acres
Zoning
MXD/MU
Days on market
10
MLS® Listing#
AR26206881

Property Features

Community
Street Lights · Sidewalks
Utilities
Cable Available · Electricity Available · Natural Gas Available · Phone Available · Sewer Available · Water Available

Financial Details

HOA
None
Parcel number
8401021004

Directions

E Arrow and N Valley Center Ave

Listing Courtesy: Moran Real Estate Inc. - 626-644-4426

Presented by: James Moran

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-01T00:00:00.000Z 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.

Connect with a Local Real Estate Expert

  • Krissy Allen

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