21312 E Arrow
Covina, CA 91724
$2,250,000
- 0.3 acres
- Built 1953
Listed by MOSO Real Estate · MLS #OC26194395
Property photos are not available.
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 1953.
Property size
0.3 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
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)
THE NEIGHBORHOOD
Explore the location.
21312 E Arrow, Covina, CA 91724
Loading property map…
Map position comes from the listing source. Open directions in Google Maps
THE DETAILS
The details, all in one place.
- Property type
- CommercialSale
- Category
- Commercial
- Year built
- 1953
- Heating
- Central
- Parcel
- 8401021058
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
ERA PROPERTY MANAGEMENT
See its potential.
Have a plan for what follows.
Your plans for a property go beyond the purchase. Talk with ERA about the management services available for your property type and market.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.
LOCAL PEOPLE. SHARED COMMITMENT.
A team behind your next step.
From your first question to the everyday work of ownership, a conversation with the right person makes a difference.
Meet ERA Property ManagementResidential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.
YOUR CAREER. YOUR NEXT CHAPTER.
Find your place in real estate.
Just getting started?
Explore real estate education and available licensing courses through ARTI Academics.
Become a real estate agentReady to work with ERA?
Discover the people, broker support, technology and education behind an ERA real estate career.
Join ERA BrokersMoving for work?
Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.
Explore Corporate ServicesContact ERA about this property
Ask about this property.
21312 E Arrow, Covina, CA 91724 · MLS #OC26194395
More in Covina.
$1,380,000Listing information
MLS #OC26194395 · California Regional MLS
Listing brokerage: MOSO Real Estate
Listing agent: Jason Allen
Listing status: Active. Record updated . Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.