3907 Polk , Riverside, CA 92505
$6,950,000
Est. Payment: $36,811.76/mo
0 Bed
0 Bath
0 Sqft
Status: ACTIVE | Days on site: 1
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CR-1177 - CR-C32772
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House Description

Rare construction-ready townhome development opportunity in one of Riverside's most sought-after submarkets. 3907 Polk Street is a fully entitled, shovel-ready project offering 57 premium townhome residences across eight buildings on 2.95 acres (128,502 SF), with grading complete and all remaining permits at RTI status delivering an incoming developer a clear and immediate path to vertical construction. The approved plans yield 69,498 net rentable square feet across an all 2-bedroom/2-bathroom unit mix, comprising 51 standard units at 1,218 SF and six accessible units at 1,230 SF, with an average unit size of 1,219 SF. Every residence features a private covered balcony and a dedicated 2-car garage, with 57 total garages and 114 garage spaces across the site. Units are designed to deliver contemporary, high-quality living with premium fixtures and fully equipped kitchens with state-of-the-art appliances. The site offers exceptional connectivity to key market drivers. Residents will enjoy walking-distance access to Kaiser Permanente Riverside Medical Center and strong regional mobility via the 91, 15, 60, and 215 Freeways. The nearby Metrolink La Sierra Station provides direct rail service to Los Angeles Union Station and the broader Southern California transit network. The City of Riverside is a premier Inland Empire market anchored by major employers across Healthcare, Education, and Government/Aerospace including Kaiser Permanente, Riverside Community Hospital, UC Riverside, California Baptist University, the County of Riverside, and Collins Aerospace supported by a str

Highlights

Listed by Eric Chen , 626-757-5717 CB RICHARD ELLIS , 909-418-2000. San Diego County Multiple Listing Service mls logo

Property Type

Vacant Land

Lot/Acreage
2.95

County

Riverside

Listing ID

CV26177716

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Principal Interest
$36,812
Taxes
$4,431

Home Price

$6,950,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,390,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$36,811.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $36,811.76 $4,430.63 $0.00 $41,242.38
Yearly $441,741.08 $53,167.50 $0.00 $494,908.58
Total $13,252,232.50 $1,595,025.00 $0.00 $14,847,257.50

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Riverside, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T11:15:01.000Z

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