Connect

Find us on...

Dashboard

Login using...

Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

4505 Allstate Drive, Riverside – $4,790,000

  • $4.8M Price
  • ¾ Acres
  • 97 DOM
  • $4.8M Price
  • ¾ Acres
  • 97 DOM

4505 Allstate Drive

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.

Essential Information

  • MLS® #IV25222657
  • Price$4,790,000
  • Bathrooms0.00
  • Acres0.75
  • Year Built1989
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • Address4505 Allstate Drive
  • Area252 - Riverside
  • CityRiverside
  • CountyRiverside
  • Zip Code92501

Interior

  • # of Stories3

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedOctober 1st, 2025
  • Days on Market97

Listing Details

  • AgentBlanca Alvarez
  • OfficeALTICORE REALTY
Please provide a valid email address.

Blanca Alvarez, ALTICORE REALTY.

Based on information from California Regional Multiple Listing Service, Inc. as of January 6th, 2026 at 2:36pm PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.