Covina Real Estate Search

Covina Properties between $2,000,000 and $3,000,000 for Sale

Our website features the best real estate search for between $2,000,000 and $3,000,000 properties available in Covina and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Covina Properties between $2,000,000 and $3,000,000 for Sale

$2,250,000
OC26194395 MLS Active Status
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)

21312 E Arrow, Covina

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.