21324 E Arrow, Covina

$2,600,000

0 bd · 0 ba · 0 sqft · Home · Covina · 13 days on market

Updated October 13, 2026

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Key Facts

Property Type
Home
Lot Size
29,447 sqft
Days on Market
13
Listed
Sep 30, 2026
MLS #
AR26206881
Status
Active

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About this home

**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.**

Highlights

  • 0-bedroom, 0-bath home.
  • 0 square feet of living space.
  • Located in Covina.

Price History

DatePriceChange
Oct 13, 2026$2,600,000—
Listed Sep 30, 2026

Location

About Covina

Active Listings
224
Median Price
$749,999
COVINA NEIGHBORHOOD GUIDE →

Estimate a Monthly Payment

Estimated Monthly Payment

$16,980/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
$13,838
Property Tax
$2,383
Insurance
$758
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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Listing courtesy of Moran Real Estate Inc.

Based on information from California Regional MLS as of 2026-10-13T23:44:48.673Z. 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.