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House for sale at 21306 E Arrow, Covina, CA 91724 | MLS# AR26165785 | Listing updated on 2026-07-29
Photo 1 of House for sale at 21306 E Arrow, Covina, CA 91724 | MLS# AR26165785 | Listing updated on 2026-07-29
Photo 2 of House for sale at 21306 E Arrow, Covina, CA 91724 | MLS# AR26165785 | Listing updated on 2026-07-29
Photo 3 of House for sale at 21306 E Arrow, Covina, CA 91724 | MLS# AR26165785 | Listing updated on 2026-07-29
Photo 4 of House for sale at 21306 E Arrow, Covina, CA 91724 | MLS# AR26165785 | Listing updated on 2026-07-29
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Listed by: Han Chen (626) 224-2495 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900

$4,498,000

  • Beds Icon2 Beds
  • Beds Icon
    1 Bath
  • Beds Icon14,960sqft

21306 E Arrow, Covina, CA 91724

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  • Apartment

  • Built in 1963

  • $-- HOA

  • 34,896 sqft lot

  • $301/sq.ft

Description

First Time for Sale Since 1975 – Exceptionally Rare 16-Unit Single-Story Value-Add Multifamily across from City of Glendora and at the border of San Dimas, Offering Over 8% Pro Forma CAP Rate (All Month-to-Month Tenants). Centrally Located Near Shopping, Major Freeways, and Minutes from Colleges and Universities. Excellent Unit Mix (All 2-Bed), Situated on a Large, Over-Parked Lot with Clear ADU Upside Potential (Possibly 4 ADUs – Buyer to Verify). Total 4 Units Will Be Delivered Vacant. Copper Plumbing, Roof mostly upgraded recently.

21306–21310 E Arrow Highway, Covina, CA 91724 — a rare single-story layout multifamily investment opportunity located in the City of ...

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  • Houzeo last checked: 4 minutes ago
  • Listing updated: July 29, 2026 at 11:49 pm
  • Source: California Regional MLS-CA | MLS#: AR26165785 California Regional MLS-CA

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Building
21306 E Arrow
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Los Angeles County

  • City

    Covina

  • Neighborhood

    --

  • Year Built

    1963

  • HOA Fees

    -

  • Finished Area

    14,960 sqft

  • Lot Size

    34,896 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    AR26165785

  • MLS Status

    Active

  • Days on Market

    46

Data provided by Redfin

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