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For SaleLuxury

$2,600,000

29,447 sqft$88/sqft24 days on market

21324 E Arrow HWY

Covina, CA 91724

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

29,447

Square feet

—

Built

Listing narrative

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.**

Listing agent (MLS): James Moran · Listing brokerage (MLS): Moran Real Estate Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,600,000

Beds

Beds n/a

Type

Land

Home Size

29,447 sqft

Baths

Baths n/a

Lot Size

0.68 acres

Year

Year n/a

Status

For Sale

Days on Market

24

$ / Sqft

$88

· 8% down, 7% APR, 30yr fixed
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Courtesy of Moran Real Estate Inc.