$4,500,000
( $200.04Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

4505 Allstate Drive,Riverside, CA 92501

Riverside, CA 92501

Share:

PreviousNext

Description

***PRICE IMPROVEMENT!!*** Prime 3-Story Office Building | 100% Occupied | 8%+ Cap Rate | Near Downtown Riverside A 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.

Details

MLS #IV26074452
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1989
Days On Site150
Listing Provided ByALTICORE REALTY | BLANCA ALVAREZ

Features

SQ Feet22,496
Story(s)3
Acreage0.75

Exterior

Lot FeaturesZero To One Unit Acre

Taxes

Property28245

Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92501
Area252 Riverside
Listing VS Median (in 92501)
Price:
$4,500,000
low | high
Med:
$599,000
100% of Average
sqft:
22,496
low | high
Med:
1,829
100% of Average
$ / sqft:
$200
low | high
Med:
$328
13.72157220096% of Average
On site:
150
low | high
Med:
99
100% of Average
Sourced by Back At You

Market Activity 92501

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountyRiverside
CityRiverside
Zip Code92501
Area252 Riverside
Listing VS Median (in 92501)
Price:
$4,500,000
low | high
Med:
$599,000
100% of Average
sqft:
22,496
low | high
Med:
1,829
100% of Average
$ / sqft:
$200
low | high
Med:
$328
13.72157220096% of Average
On site:
150
low | high
Med:
99
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 10:52:21 PM PDT

Stephen Jacobs - Desert Lifestyle Properties