21312 E Arrow, Covina
$2,250,000
0 bd · 0 ba · 0 sqft · Commercial · Covina · 0 days on market
Updated September 5, 2026
Key Facts
- Property Type
- Commercial
- Year Built
- 1953
- Lot Size
- 13,200 sqft
- Stories
- 1
- Days on Market
- 0
- Listed
- Sep 4, 2026
- MLS #
- OC26194395
- Status
- Active
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About this home
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)
Highlights
- 0-bedroom, 0-bath commercial.
- 0 square feet of living space.
- Located in Covina.
Price History
| Date | Price | Change |
|---|---|---|
| Sep 5, 2026 | $2,250,000 | — |
| Listed Sep 4, 2026 | ||
Location
About Covina
- Active Listings
- 218
- Median Price
- $759,000
Estimate a Monthly Payment
Estimated Monthly Payment
$14,694/mo
Includes estimated taxes and insurance at the assumption rates below. HOA dues are not included — enter your community's HOA (varies widely by community, and absent from listing data) for an accurate total.
- Principal & Interest
- $11,975
- Property Tax
- $2,063
- Insurance
- $656
- HOAnot included — enter your dues
- $0
Estimate only — not a loan offer or rate quote. Confirm actual figures with a lender.
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Based on information from California Regional MLS as of 2026-09-05T18:42:42.177Z. 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.