Riverside Office Building Investment
For Sale
$4,500,000
4505 Allstate Dr, Riverside, CA 92501
Three-story office building near downtown Riverside, 100% occupied.
Property Size22,496 SF
Days on Market131
Property Features for 4505 Allstate Dr
General Information
Standard status
Active
Size
22,496 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$28,245
Building Details
Building Size
22,496 SF
Year Built
1989
Listing Agency:
ALTICORE REALTY
(909) 606-0888
Listed By:
BLANCA ALVAREZ · License #01801789
(909) 606-0888
Source:
Elliman
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 31 at 3:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALTICORE REALTY
Investment Insights
Based on property information with market context.
This well-maintained 3-story office building, located just 5 minutes from Downtown Riverside, CA, presents a rare investment opportunity. The property is 100% occupied with long-term tenants, offering a CAP rate of over 8%. Situated just off Freeways 91 and 215, the location provides excellent accessibility and high visibility. This turnkey investment offers both income and upside potential for those expanding their portfolio or entering the Riverside commercial market. The property's bike score is 48, indicating it is somewhat bikeable, while its walk score is 32, suggesting car dependence. The transit score is 20, indicating minimal transit options.
Key Highlights
- 100% Occupied with Long‑Term Tenants
- Strong CAP Rate of Over 8%
- Prime 3‑Story Office Building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
Explore this area
Business Placement
Demographics for 92501, CA
22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-story office building near downtown Riverside, 100% occupied.
Where is this office building located?
The property is located at 4505 Allstate Dr Riverside, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 100% Occupied with Long‑Term Tenants; Strong CAP Rate of Over 8%; Prime 3‑Story Office Building
