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About This Home

This 0-bedroom, 0-bathroom commercial at 4505 Allstate Drive in Riverside, CA is listed for $4,500,000 ($200 per sqft). Built in 1989, the home offers 22,496 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1989

Property Details

1989

Monthly Cost Estimate

$24,067/mo

20% down · 6.5% · 30 years

Principal$3,254
Interest$19,500
Insurance$1,313

Estimates only. Actual payments may vary.

Location

4505 Allstate Drive

Riverside, CA 92501

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4505 Allstate Drive is listed at $4,500,000 ($200/sqft). The estimated monthly payment is $19,500 based on 20% down at 6.5% interest.

Key features include: Built in 1989.

This property is listed by BLANCA ALVAREZ and can be reached at 8183211286 or BAlvarezRealtor@yahoo.com.

BA

BLANCA ALVAREZ

Agent at ALTICORE REALTY

(818) 321-1286

Listed by ALTICORE REALTY · View on Broker Site

MLS# IV26074452· Source: listhub· Updated 55 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4505 Allstate Drive, Riverside, CA 92501

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