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Land - 21324 E Arrow, Covina, CA

$2,600,000

21324 E Arrow, Covina, CA

MLS# AR26206881

21324 E Arrow, Covina, CA 91724 - $2,600,000 · Land for Sale, photo 1 21324 E Arrow, Covina, CA 91724 - $2,600,000 · Land for Sale, photo 2 21324 E Arrow, Covina, CA 91724 - $2,600,000 · Land for Sale, photo 3 21324 E Arrow, Covina, CA 91724 - $2,600,000 · Land for Sale, photo 4 21324 E Arrow, Covina, CA 91724 - $2,600,000 · Land for Sale, photo 5
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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.**

Property details

Property type
Land
Lot size
29,447 sqft

Location

21324 E Arrow • Covina, CA 91724

More homes for sale and rent in Covina, CA →

Listing Agent

James Moran

DRE #: 01425464

Brokerage: Moran Real Estate Inc.

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CRMLS

MLS# AR26206881

Listed: 10/13/2026 9:36 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 4:44 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Moran Real Estate Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715