7509 Arlington , Riverside, CA 92503
$3,498,000
Est. Payment: $17,601.38/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 98
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

NEAR RTI PLANS FOR 102 APARTMENTS (SEE OM in Supplements) 7509 Arlington Avenue presents a rare development opportunity in Riverside, California. This flat vacant land parcel spans approximately 3.51 acres (152,896 square feet) and is zoned C-2, offering flexibility for various commercial and residential uses. The site features a concrete pad from a previously demolished structure and a paved area near the southern boundary, with the remainder consisting of unpaved ground covered in dirt, grass, weeds, and some trees. Identified by Riverside County APN 155-290-017-4, the property is primed for redevelopment. Strategically located along Arlington Avenue, the site benefits from strong visibility and accessibility. Adjacent uses include vacant land and a storm channel to the north, Econo Firestone and Tire to the east, Arlington Plaza Shopping Center and CubeSmart Self Storage to the south, and a restaurant and building at 7591 Arlington Avenue to the west. Within 0.5 miles, residents and visitors have convenient access to major fast food options such as In-N-Out, Taco Bell, Jack in the Box, McDonald's, Del Taco, Wendy's, Burger King, Wienerschnitzel, Carl's Jr., Chick-fil-A, and Panda Express. Shopping destinations include Walmart Supercenter, Stater Bros., Cardenas, Arlington Plaza, Arlington Square Shopping Center, and Galleria at Tyler. Additional nearby amenities encompass Riverside Regional Airport, Downtown Riverside Metrolink Station, and a Mobil gas station. The property includes near-ready-to-issue plans for a 102-unit apartment building, originally approved in 2019, requiring only resubmission to the city. Per 2019 city correspondence, the lot allows for up to 139 units. Riverside offers a blend of small-town charm and urban growth, with roots in the citrus industry and landmarks like the Mission Inn. Home to UC Riverside and California Baptist University, the city provides a vibrant educational environment, diverse economy in healthcare and education, and outdoor recreation at sites like Mt. Rubidoux and Norco Hills. Accessibility is enhanced by proximity to freeways 91, 60, and 215, connecting to Los Angeles (about 60 miles west), Orange County beaches, and mountains. Future developments, including the Riverside Adventure Center, signal ongoing growth in housing, retail, and amenities.

Highlights

Listed by JUSTIN CHU , 626-321-3211 CIRCA PROPERTIES, INC. , 714-203-6814. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
3.51

County

Riverside

Area

252 - Riverside

Listing ID

WS26007783

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:Lot Over 40000 Sqft,Level,No Land Lease
Zoning:C-2
Principal Interest
$17,601
Taxes
$2,230

Home Price

$3,498,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$699,600
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:
$17,601.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,601.38 $2,229.98 $0.00 $19,831.36
Yearly $211,216.60 $26,759.70 $0.00 $237,976.30
Total $6,336,497.88 $802,791.00 $0.00 $7,139,288.88

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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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.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T12:37:49.000Z

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