Commercial Property - 4505 Allstate Drive, Riverside, CA
$4,500,000
4505 Allstate Drive, Riverside, CA
MLS# IV26074452
22,496 Sq Ft • Commercial Sale
Nalren refreshed
Listing Agent
BLANCA ALVAREZ
DRE #: 01801789
Brokerage: ALTICORE REALTY
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.
Property details
Location
4505 Allstate Drive • Riverside, CA 92501
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Closed commercial sales reported, newest first.
Sale history for 4505 Allstate Drive
- Sold $2,450,000 in December 2021 · MLS #PW21124627 · Source: CRMLS
CRMLS
MLS# IV26074452
Listed: 4/7/2026 4:39 AM
© 2026 California Regional Multiple Listing Service, Inc.
Based on information from the California Regional Multiple Listing Service, Inc. as of 4/17/2026 11:21 AM. 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.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: ALTICORE REALTY
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.