4505 Allstate Dr Riverside, CA 92501

Building Details

Year Built

1989

Listing Agency Alticore Realty B***@yahoo.com Show Phone

Listed by BLANCA ALVAREZ · License #01801789 Show Phone

Source Elliman

Added: Apr 24 Checked: Jul 16 at 8:19 am

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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

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FAQs

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