3940 Sherman Dr, Riverside, CA 92503 Property Records

Riverside County property record for 3940 Sherman Dr, Riverside, CA 92503 · Last verified August 2026

Property Highlights

Property TypeCommercial > Retail > Parking Lot
Bedrooms2 Beds
Bathrooms1 Baths
Year BuiltBuilt 1947
Square Footage825 sqft
Lot Size6,534 sqft (0.15 acres)
Last Sale$49,000,000 (2019)
Tax Bill$1,411.00 (2025)

Property Details

APN / Parcel Number

Primary APN193-232-027

Interior

Bedrooms2 Beds
Full Baths1 Baths
Building Area825 sqft

Exterior

Year BuiltBuilt 1947
Effective Year BuiltEffective 1947
Lot Area6,534 sqft (0.15 acres)

Location & Zoning

Street Address3940 SHERMAN DR
CityRIVERSIDE
StateCA
Zip92503
Property UsageCommercial Property Usage
TypeCommercial > Retail > Parking Lot
Legal Description.15 ACRES M/L IN PAR 7 RS 051/065
Legal Lot Number7
JurisdictionRIVERSIDE CA
Minor Civil DivisionRIVERSIDE
Census Blockgroup2
Census Block2006
Census Tract31501

Owner

Source: Riverside County records · APN 193-232-027

Assessment roll updated July 29, 2026 · Last verified August 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on File
Mailing Address55 S RAYMOND AVE, 105, ALHAMBRA, CA 91801-7101
Owner TypeOwner is a Company

Deeds, Mortgages & Sale History

DateDocument
Jul 09, 2019Loan Modification, Mortgage · Federal Housing Administration (FHA) Mortgage
HUD-HOUSING/URBAN DEV
Jul 09, 2019Grant Deed, Transfer
FIRST AMERICAN TITLE COMPANY HOMEBU, FIRST AMERICAN TITLE CO HOMEBU
Mar 17, 2017Loan Modification, Mortgage
WELLS FARGO BK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleJul 09, 2019 · Amount on Record
Deed SaleJul 09, 2019 · Amount on Record
Deed Doc Number2019250837
Prior Transfer DateAug 23, 2002
Prior Transfer Doc0000472031
Record RefreshedSep 20, 2026

July 2019: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRIVERSIDE CA
Recording DateJul 09, 2019
Property Address3940 SHERMAN DR, RIVERSIDE, CA 92503
Instrument DateJul 01, 2019
Instrument250840
Transaction TypeMortgage
Record UpdatedJul 19, 2019
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address55 S RAYMOND AVE #105 ALHAMBRA CA 918017101, 105, ALHAMBRA, CA 91801-7101

Mortgage

Document Number0000250840
DateJul 09, 2019
Instrument250840
Lender
NameHUD-HOUSING/URBAN DEV
Agreement
TypeFederal Housing Administration (FHA) Mortgage
AmountAmount Recorded

July 2019: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionRIVERSIDE CA
Recording DateJul 09, 2019
Property Address3940 SHERMAN DR, RIVERSIDE, CA 92503
Document Number0000250837
Instrument DateJun 28, 2019
Instrument250837
Transaction TypeTransfer
Record UpdatedJul 22, 2019
Title CompanyFIRST AMERICAN TITLE COMPANY HOMEBU, FIRST AMERICAN TITLE CO HOMEBU

Transaction

AmountAmount Recorded
Tax$53,900.00
Amount AccuracyFull Value
Additional
  • Arms Length Transaction
  • Multiple parcels conveyed, unknown impact to APN

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
InvestorPossibly a Property Investor

March 2017: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionRIVERSIDE CA
Recording DateMar 17, 2017
Property Address3940 SHERMAN DR, RIVERSIDE, CA 92503
Instrument DateMar 01, 2017
Instrument110063
Transaction TypeMortgage
Record UpdatedAug 17, 2018
Title CompanyFIRST AMERICAN TITLE

Transaction

Tax$0.00
Additional
  • Multiple parcels conveyed, unknown impact to APN

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address3865 JACKSON ST RIVERSIDE CA 925033919, RIVERSIDE, CA 92503-3919

Mortgage

Document Number0000110063
DateMar 17, 2017
Instrument110063
Lender
NameWELLS FARGO BK
TypeBank
Address2010 CORPORATE RDG # 1000, TYSONS, VA 22102-7858
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Riverside County records · Assessment roll updated July 29, 2026 · Last verified August 2026

Property Jurisdictions

TypeName
StateCalifornia
CountyRiverside County
MunicipalityRiverside City
Unified School DistrictRiverside Unified School District (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed Value
2026$120,471 (+2%) Land $109,318 Building $11,153
2025$1,411.00 (+3.6%)$118,110 (+4.04%) Land $107,175 Building $10,935
2023$1,362.00 (+1.72%)$113,525 (+2%) Land $103,014 Building $10,511
2022$1,339.00$111,300 Land $100,995 Building $10,305

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