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4505 Allstate Drive, Riverside, CA 92501
$4,999,000
4505 Allstate Drive, Riverside, CA 92501View this property at 4505 Allstate Drive, Riverside, CA 92501
4505 Allstate DriveRiversideCA92501
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Property Description
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!
Full Property Details
Full Property Details for 4505 Allstate Dr
General
- Price: $4,999,000
- Status: Active
- Type: Office
- MLS ID: IV24040039
- Updated: 5/1/2024
- Days on Market: 90 days
- Added to Site: 90 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: Call Agent
Heating & Cooling
- Heating Type: None
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 3
- Building Size: 22496
- Square Feet: 22,496
- Year Built: 1989
Lot Features
- Lot Size (Acres): 0.75
- Useable Acres: .75
- Lot Size (Sq. Ft.): 32,670
- Lot Size Source: Assessor
- Lot Features: Lot 20000-39999 Sqft
- Lot Description: Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $222
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 207180022
Listed by Alticore Realty, BLANCAALVAREZ
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Schools
Schools serving 4505 Allstate Dr
School District:Riverside Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4261 Latham St, Riverside, CA 92501 | K-6 | 0.2 mi | |
4795 Magnolia Ave, Riverside, CA 92506 | 7-8 | 2.3 mi | |
1550 3rd St, Riverside, CA 92507 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4505 Allstate Dr
Date
Details
Price
Change
Source
5/01/2024
Price Reduced
$4,999,000
-5.68%
MLS
4/02/2024
Price Reduced
$5,300,000
-6.8%
MLS
2/27/2024
Listed
$5,687,000
132.12%
MLS
11/23/2021
Sold
$2,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4505 Allstate Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,123
2%
$2,499,000
2%
2022
$27,606
-5%
$2,450,000
-5%
2021
$29,022
1%
$2,569,075
1%
2020
$28,804
2%
$2,542,734
2%
2019
$28,261
2%
$2,492,877
2%
2018
$27,710
2%
$2,443,998
2%
2017
$27,218
7%
$2,396,078
2%
2016
$25,461
1%
$2,349,097
2%
2015
$25,094
1%
$2,313,813
2%
2014
$24,855
—
$2,268,490
—
2013
$24,736
—
$2,258,239
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4505 Allstate Dr
4505 Allstate Drive, Riverside, CA 92501 (MLS# IV24040039) is a Office property. 4505 Allstate Drive is currently listed for $4,999,000 and was received on February 27, 2024. Want to learn more about 4505 Allstate Drive? Do you have questions about finding other Office real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.