$4,790,000
4505 Allstate DR
Riverside, CA, 92501
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.
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.
Property Details
Price:
$4,790,000
MLS #:
IV26074452
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Office
Neighborhood:
252riverside
Listed Date:
Apr 7, 2026
Total Sq Ft:
22,496
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1989
Schools
Interior
Laundry Features
NO
Exterior
Financial
Maintenance Fee
$1,754
Taxes
$28,246
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Commercial in Riverside as of Apr 08, 2026
26
Commercial Listed
117
Avg DOM
$1,600,310
Avg List Price
Community
- Address4505 Allstate DR Riverside CA
- CityRiverside
- CountyRiverside
- Zip Code92501
Similar Listings Nearby
Property Summary
- 4505 Allstate DR Riverside CA is a Commercial for sale in Riverside, CA, 92501. It is listed for $4,790,000 To schedule a showing of MLS#iv26074452 at 4505 Allstate DR in Riverside, CA, contact your James Outland agent at 8057482262.
Courtesy of ALTICORE REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4505 Allstate DR
Riverside, CA