21312 E Arrow
Covina, CA 91724
$1,700,000
- 0.3 acres
- Built 1953
Listed by MOSO Real Estate · MLS #OC26194395
Listing status & updates
- MLS last changed
- Not supplied by this listing source
- Availability last checked
- No per-listing check is recorded
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PROPERTY QUESTIONS & SHOWINGS
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21312 E Arrow, Covina, CA 91724 · MLS #OC26194395
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
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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.
Investor outlook Ownership planning and property management
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More in Covina.
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$2,400,000Listing information
MLS #OC26194395 · California Regional MLS
Listing brokerage: MOSO Real Estate
Listing agent: Jason Allen
Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. 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.
