4505 Allstate Drive Riverside, CA ^$ 5,300,000

4505 Allstate Drive

^$ 5,300,000

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4505 Allstate Drive

Riverside, CA, 92501

^$ 5,300,000

Studio Baths0.0 Sq 22,496

Monthly Estimate*

^$ 37,022

Listed by ALTICORE REALTY

4505 Allstate Drive, Riverside, CA 92501 - Image 1

4505 Allstate Drive, Riverside, CA 92501 - Image 2

4505 Allstate Drive, Riverside, CA 92501 - Image 3

4505 Allstate Drive, Riverside, CA 92501 - Image 4

4505 Allstate Drive, Riverside, CA 92501 - Image 5

4505 Allstate Drive, Riverside, CA 92501 - Image 6

Studio

Commercial Property for sale in Riverside, CA

for $5,300,000. This 22,496 square foot building was built in 1989 on a lot size of 0.75.

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 94% Occupancy rate.

Commercial Active

Price

^$ 5,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.75

Year Built

1989

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

IV24040039

Days on Market

Features

General

Heating None

Year Built 1989

Property SubType Office

County Riverside

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Call Agent

City Riverside

View Y/N N

Senior Community Y/N N

MLS Area 252 - Riverside

Lot Size Square Feet 32670.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Allstate

Listing Terms Conventional

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 54

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Office

Exterior

Water Source Public

Lot Size Area 32670.0

Spa N

Building Area Total 22496.0

Lot Size Acres 0.75

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Drive

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 4505

* Excluded Features

List By

Alticore Realty

Broker

(909) 606-0888

Phone

Affordability Calculator

$37,022

Per Month

Monthly Principal & Interest: $37,022
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Riverside, CA

Average List Price ^$1,674,772

Percent of Sale Price 68%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2024	$5,300,000	-6.80%	Price Down
2/28/2024	$5,687,000		Listed Price

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4505 Allstate Drive, Riverside, CA, 92501 is a Commercial Property for sale at $5,300,000 with 22,496 sqft and a lot size of 0.75. 4505 Allstate Drive is a studio with 0.0 baths and was built in 1989. The property's zip code is 92501 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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4505 Allstate Drive

Commercial Property for sale in Riverside, CA

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