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4505 Allstate Dr, Riverside, CA, 92501
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4505 Allstate Dr Riverside, CA, 92501

$4,999,000 $301,000 Commercial for sale Office

Outstanding Owner/User Opportunity freestanding 20,500 Commercial office building for sale. This is a great stable income Cash Flow building with High-Exposure, Freeway adjacent location situated near 60/215/91 Fwy and 5 minutes from Downtown Riverside. Cell Tower income along with rental units with a 100% Occupancy rate and 8% Cap Rate!
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Property details

22,496 sqft interior area
Land area
32,670 sqft (0.75 acres)
Days on Verhouse
82
Address
4505 Allstate Dr, Riverside, CA, 92501
City of California
Riverside
County
Riverside
Previous price
$5,300,000
Year Built
1989
District
Listing

Nearby major retailers

T-Mobile
Trader Joe's
Mobile phone: 1
Supermarket: 1
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Listed by

Blanca Alvarez, ALTICORE REALTY
Name
Blanca Alvarez
License number
01801789
Brokerage company
ALTICORE REALTY
MLS #
CRIV24040039

Payment calculator

Calculate your monthly payments
Mortgage
$15,349
Taxes
$0
HOA dues
$0
$15,349 per month
Mortgage
$999,800 / 20%
2.28%
30 years
Your amount $15,349 / month

Lot details

TMK #207180022
Parcel nr.
207180022

92501 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 92501

46%
Families with children
National average: 39%
31%
Non family households
352,557
Population
$76,616
Average Income

Age & gender

Median age 30 years
More info

Commute types

87% commute by car
More info

Education level

28% have high school education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

35% have 2 vehicle
More info

Vehicles by gender

35% have 2 vehicle
More info

Housing market insights for

$618.65k
Neighborhood average
sales price*
$571k
Neighborhood median
sales price*
204
Number
of sales*

Housing type

61% are single detacheds
More info

Rooms

36% of the houses have 4 or 5 rooms
More info

Bedrooms

56% have 2 or 3 bedrooms
More info

Owners vs Renters

50% are renters
More info
14.83 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease May 1, 2024
Date Event Price $/sqft Source
May 1, 2024 Price Decrease $4,999,000 -5.68% 0 MLS #CRIV24040039
Apr 3, 2024 Price Decrease $5,300,000 -6.8% 0 MLS #CRIV24040039
Feb 27, 2024 New Listing $5,687,000 0 MLS #CRIV24040039

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Frequently Asked Questions about 4505 Allstate Dr

What is 4505 Allstate Dr?

4505 Allstate Dr is a Commercial/Industrial propertywith 22,496 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

4505 Allstate Dr, Riverside, CA, 92501.

What comparable properties are nearby?

Comparable nearby commercial properties include 2822 Main St, 3765 Elizabeth St, 9741 Magnolia Ave, 10175 Indiana Ave, 4745 Hiers Ave, 1085 Castellano Rd.

Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 01, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Maxi Foods Market, 1.43 miles away and Smart & Final, 1.52 miles away.
The 92501 zip area has a population of 352,557, and 46% of the families have children. The median age is 30.71 years and 87% commute by car. The most popular housing type is "single detached" and 50% is renter.
Commercial For sale $5m  $301,000 4505 Allstate Dr, Riverside, CA, 92501 Save House Remove from Saved