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21324 E Arrow — photo 1
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Lot Size

29,447 sf

Status

Active

Listing Agent: James Moran, Moran Real Estate Inc.

Covina

21324 E Arrow

About This Property

**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.**

Neighborhood

This property is located in Covina. Want to learn more about the area?

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Asking Price

$2,600,000

Est. Monthly Payment

$16,614/mo

20% down · 6.5% rate · 30yr

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Listing Agent

James Moran

Moran Real Estate Inc.