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4505 Allstate Drive

Riverside, CA 92501
  • $4,500,000
  • STATUS: Active
  • ON SITE: 192 Days
  • MLS #: IV26074452
$4,500,000
  • 0
    BEDS
  • 0.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1989
County:

School Ratings & Info

Listing Agent(s): Blanca Alvarez of ALTICORE REALTY (951-924-4292)


Description

***PRICE IMPROVEMENT!!*** Prime 3-Story Office Building | 100% Occupied | 8%+ Cap Rate | Near Downtown RiversideA rare investment opportunity just 5 minutes from Downtown Riverside, CA! This well-maintained 3-story office commercial building offers 100% occupancy with long-term tenants in place, delivering a strong CAP rate of over 8% — ideal for investors seeking immediate cash flow and stability.Located just off Freeways 91 and 215, the property provides excellent accessibility and high visibility, making it attractive to professional tenants and future growth potential.Whether you're expanding your portfolio or entering the Riverside commercial market, this turnkey investment offers both income and upside potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17T00:29:34.7. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/174914985
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4505 Allstate Drive Riverside, CA 92501

  • Price: $4,500,000
  • Status: Active
  • On Site: 192 Days
  • MLS #: IV26074452
0
Beds
0
Baths
0
½ Baths
0.75
Acres
1989
Built
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
***PRICE IMPROVEMENT!!*** Prime 3-Story Office Building | 100% Occupied | 8%+ Cap Rate | Near Downtown RiversideA rare investment opportunity just 5 minutes from Downtown Riverside, CA! This well-maintained 3-story office commercial building offers 100% occupancy with long-term tenants in place, delivering a strong CAP rate of over 8% — ideal for investors seeking immediate cash flow and stability.Located just off Freeways 91 and 215, the property provides excellent accessibility and high visibility, making it attractive to professional tenants and future growth potential.Whether you're expanding your portfolio or entering the Riverside commercial market, this turnkey investment offers both income and upside potential.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN No Business Type AccountingBarber/BeautyFinancialProfessional/OfficeOtherReal Estate Cap Rate 8 Common Interest None Insurance Expense 13556.16 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan Maintenance Expense 1754.28 Net Operating Income 461237.68 Other Expense 40430 Property Sub Type Office Special Listing Conditions Standard Tax Annual Amount 28245.64 Trash Expense 4176.24 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17T00:29:34.7. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Blanca Alvarez of ALTICORE REALTY (951-924-4292)