# 4505 Allstate Drive, Riverside, CA 92501

> **TL;DR:** commercial, $4,500,000 ($200/sqft), built 1989, 22,496 sqft. Est. $19,500/mo. Listed 55 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,500,000 |
| Price/sqft | $200 |
| Square Feet | 22,496 |
| Year Built | 1989 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 55 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $19,500 |
| **Total** | **$19,500** |

## Property Highlights

- Built in 1989

## Description

### 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.

## Location

- **Address:** 4505 Allstate Drive, Riverside, CA 92501
- **County:** Riverside

## Listing Agent

- **Name:** BLANCA ALVAREZ
- **Brokerage:** ALTICORE REALTY
- **Phone:** 8183211286
- **Email:** BAlvarezRealtor@yahoo.com

## Primary Photo

![4505 Allstate Drive - Primary Photo](http://lh.rdcpix.com/53470a7f4691bb777d292a494907d566l-f1304793277r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.com/listing/4505-allstate-drive-riverside-ca-92501-26074452)*

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**MLS#:** IV26074452 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/4505-allstate-drive-riverside-ca-92501-26074452)

---

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  "name": "4505 Allstate Drive, Riverside, CA 92501",
  "description": "***PRICE IMPROVEMENT!!*** \r\nPrime 3-Story Office Building | 100% Occupied | 8%+ Cap Rate | Near Downtown Riverside\r\n\r\nA 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.\r\n\r\nLocated just off Freeways 91 and 215, the property provides excellent accessibility and h",
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  "datePosted": "2026-06-18",
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