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Bill Maddox, DRE#01972575, REALTOR®
(805) 215-0729

4505 Allstate Drive, Riverside, CA 92501

$4,500,000
  • 4505 Allstate Drive, Riverside, CA 92501 Main Photo

6 Total Photos [Click to View All]

Active Price Reduced by $290,000 on April 17th, 2026
MLS#IV26074452
STATUSActive PROPERTY TYPECommercial - Office

Listing Courtesy of: ALTICORE REALTY
Agency Phone: 951-924-4292
Associate Name: BLANCA ALVAREZ
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Bill Maddox, DRE#01972575, REALTOR®


Property 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.

4505 Allstate Drive | MLS# IV26074452

This commercial property located at 4505 Allstate Drive, Riverside, CA 92501 is currently listed for sale with an asking price of $4,500,000. Search Riverside real estate on billmaddox.farrellsmyth.com today.

Property Features

Property Type: Commercial - Office
Lot Size: 0.75 Acres
Stories: 3.0
Taxes: $28,245
Year Built: 1989

Feature Descriptions

Days on Site: 11
Laundry: None
Lot: 0-1 Unit/Acre
Parcel#: 207180022
Water: Public

Listed By / Shown By

Listed By

Agency Name: ALTICORE REALTY
Agency Phone: 951-924-4292
Agent Name: BLANCA ALVAREZ

agent picture

Shown By

Agent Name: Bill Maddox, DRE#01972575, REALTOR®
Agent Phone: (805) 215-0729
Agency Title: Farrell Smyth, Inc.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/19/2026. The listing information on this page last changed on 04/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 04/19/2026 12:00:38 AM EST) or CRMLS (last updated Sat 04/18/2026 11:50:03 PM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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