$2,600,000
21324 E Arrow
Covina, CA 91724
Los Angeles
County
Land
Property Type
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.**
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Mortgage Estimate
$13,838/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 3:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.