For Sale Lot / Land MLS# AR26206881

21324 E Arrow

Covina, CA 91724

$2,600,000

california-regional-mls-rsd logo

About 21324 E Arrow

**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 details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
0.676
Original price
$2,600,000
MLS #
AR26206881

Exterior & lot

Lot
MXD/MU

Schools

District
Charter Oak Unified School District

Utilities

Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Financial

Parcel
8401021004
Special conditions
Standard

Location

Area
614 - Covina
County
Los Angeles
Community
0.0
Directions
E Arrow and N Valley Center Ave

Ask about this property

Questions on 21324 E Arrow, Covina, CA 91724, or want to see it in person?

Listed by James Moran, Moran Real Estate Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.