$4,500,000
( $200.04Per Sq Foot )
$24,157 est/mo Sourced by Back At You4505 Allstate Drive,Riverside, CA 92501
Riverside, CA 92501
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.
Details
| MLS # | IV26074452 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1989 |
| Days On Site | 139 |
| Listing Provided By | ALTICORE REALTY | BLANCA ALVAREZ |
Features
| SQ Feet | 22,496 |
|---|---|
| Story(s) | 3 |
| Acreage | 0.75 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Taxes
| Property | 28245 |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $4,500,000 low | high Med: $599,400 sqft: 22,496 low | high Med: 1,702 $ / sqft: $200 low | high Med: $368 On site: 139 low | high Med: 82.5 | |
Market Activity 92501
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $4,500,000 low | high Med: $599,400 sqft: 22,496 low | high Med: 1,702 $ / sqft: $200 low | high Med: $368 On site: 139 low | high Med: 82.5 | |
Listing Updated: August 21, 2026 at 10:52:21 PM PDT