5550 Allendale Drive
About This Property
Welcome home to this beautifully maintained, turn-key residence in the highly sought-after Canyon Crest neighborhood of Riverside! Offering 1,862 sq. ft. of thoughtfully designed living space, this 3-bedroom, 3-bathroom home with a 2-car garage is the perfect blend of comfort, style, and functionality.
From the moment you arrive, you'll be impressed by the home's charming curb appeal and lush, well-manicured front landscaping that showcases true pride of ownership. Step inside to discover a bright, versatile floor plan featuring tile flooring throughout the main level, combining elegance, durability, and easy maintenance.
The home boasts formal living and dining areas, along with a spacious family room complete with a cozy fireplace and abundant natural light. The upgraded open-concept kitchen is a true showstopper-featuring granite countertops, a full tile backsplash, stainless-steel appliances, and ample cabinet and counter space-perfect for both entertaining and everyday living.
Upstairs, the oversized primary suite offers a peaceful retreat with plenty of natural light, a walk-in closet, and a luxurious en-suite bathroom featuring a soaking tub, separate walk-in shower, and dual vanities. The secondary bedrooms are generously sized and provide plenty of closet space for all your storage needs.
Additional upgrades include surround sound and background music wiring with speakers, wrought iron stair spindles, stairway lighting, 7" baseboards, crown molding, window shutters, mirrored closet doors, new carpet, and a new garage door-every detail has been thoughtfully considered!
Step outside to your backyard oasis, perfectly designed for relaxation and entertaining. Enjoy a large concrete patio, lush green lawn, and mature queen palms-a beautiful, low-maintenance outdoor space ideal for gatherings or quiet evenings under the stars.
This home's prime location offers the best of Riverside living-just minutes from UCR, Sycamore Canyon Wilderness Park, Sycamore Highlands Park, local shopping centers, and popular dining destinations. You'll also appreciate easy freeway access and proximity to some of Southern California's favorite destinations, including Temecula Wine Country, mountain resorts, beaches, lakes, and desert getaways.
Don't miss this exceptional opportunity to own a home that truly has it all-schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Listed by Trillion Real Estate | $639,999 | |
| Listed by Trillion Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017