Three-Story Office Building with
For Sale
$4,500,000
4505 Allstate Drive, Riverside, CA 92501
SINGLE_FAMILY - Riverside, CA
Property SizeContact for details
Days on Market133
Property Features for 4505 Allstate Drive
General Information
Property type
Residential
Property subtype
Office
Directions
215 Fwy to Market Exit Make right and on Corner of AllState and
Subdivision
252 - Riverside
Standard status
Active
APN
207180022
Taxes and HOA fees
Tax Annual Amount
28246
Building Details
Year built
1989
Listing Agency:
ALTICORE REALTY
(951) 924-4292
Listed By:
BLANCA ALVAREZ · License #01801789
(818) 321-1286
Added: Apr 7
Changed: Jul 6
Last Checked: Aug 17 at 11:06AM
MLS# IV26074452
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Investment Insights
Based on property information with market context.
This three-story office building at 4505 Allstate Drive is described as well-maintained and is currently reported as 100% occupied. The offering is positioned for continued tenancy with long-term tenants in place, and the building is presented as turnkey for buyers looking for an established office asset.
The property is located just off Freeways 91 and 215 and is described as providing high visibility and accessibility. It is also noted as being near downtown Riverside, CA, which can support general commuter convenience for office tenants and visitors.
For investors, this sale is marketed around immediate occupancy and the reported 8%+ cap rate in the provided remarks. For tenant users, the existing office configuration and current occupancy status may be relevant when evaluating stability, while the freeway-adjacent location can matter for ongoing business operations. Please review the offering details for further information on the current tenants and building specifics.
The property is located just off Freeways 91 and 215 and is described as providing high visibility and accessibility. It is also noted as being near downtown Riverside, CA, which can support general commuter convenience for office tenants and visitors.
For investors, this sale is marketed around immediate occupancy and the reported 8%+ cap rate in the provided remarks. For tenant users, the existing office configuration and current occupancy status may be relevant when evaluating stability, while the freeway-adjacent location can matter for ongoing business operations. Please review the offering details for further information on the current tenants and building specifics.
Key Highlights
- 3‑story office building built in 1989
- 100% occupied with long‑term tenants in place
- Over 8% cap rate reported in the listing
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
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 for sale with full occupancy and convenient freeway access near downtown Riverside.
Where is this office building located?
The property is located at 4505 Allstate Drive 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: 3‑story office building built in 1989; 100% occupied with long‑term tenants in place; Over 8% cap rate reported in the listing
