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Listed by: James Moran (626) 644-4426 DRE #01425464 | Moran Real Estate Inc. (626) 644-4426
$2,600,000
Monthly Est:$12,941
-- Bed
-- Bath
29,447sqft lot
21324 E Arrow, Covina, CA 91724
$2,600,000
$12,941/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
29,447 sqft lot
$88/sq.ft
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.**
- Houzeo last checked: 10 minutes ago
- Listing updated: October 29, 2026 at 9:08 pm
- Source: California Regional MLS-CA | MLS#: AR26206881
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
29,447 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26206881
MLS Status
Active
Days on Market
17
Cumulative Days on Market
16
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Other Features
Community Features
Storm Drains, Street Lights, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Listed for Sale | $2,600,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 31, 2026, 03:00PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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