21312 E Arrow Covina, CA $ 2,250,000
21312 E Arrow
$ 2,250,000
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21312 E Arrow

Covina, CA, 91724
$ 2,250,000
Bedrooms-- Baths-- Sq 1,206

Monthly Estimate*

$ 14,207

Listed by Jason Allen, MOSO Real Estate, JASONALLEN_02@YAHOO.COM
21312 E Arrow, Covina, CA 91724 - Image 1

Commercial Property for sale in Covina, CA

for $2,250,000. This 1,206 square foot building was built in 1953 on a lot size of 0.303.

RARE DEVELOPMENT & INVESTMENT OPPORTUNITY along the Arrow Highway corridor in unincorporated Los Angeles County. 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)

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Commercial Active

Price

$ 2,250,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.303

Year Built

1953

Town/City

Covina

County/Region

Los Angeles

MLS | Web ID

OC26194395

Days on Market

26

Features
General
Heating Central
Year Built 1953
Property Subtype Mixed Use
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Located on E Arrow Highway just east of N Grand Avenue. Property is on the north side of Arrow Highway. Use GPS for exact location.
City Covina
MLS Area 614 - Covina
Lot Size Units Square Feet
Lot Size Square Feet 13200
Listing Terms Cash 1031 Exchange
Land Lease Y/N false
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Mixed Use
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Interior
Total Stories 1
Heating Y/N true
Laundry Features None
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 13200
Building Area Total 1206
Lot Size Acres 0.303
Lot Size Source Assessor
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* Excluded Features
List By
Jason Allen

Listing Agent

Moso Real Estate

Broker

JASONALLEN_02@YAHOO.COM

Email

Affordability Calculator

$14,207
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,207
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/5/2026$2,250,000 Listed Price

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21312 E Arrow, Covina, CA, 91724 is a Commercial Property for sale at $2,250,000 with 1,206 sqft and a lot size of 0.303. 21312 E Arrow was built in 1953. The property's zip code is 91724 which is in Covina, CA