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1652 4th

Norco, CA 92860
  • $799,000
  • STATUS: Pending
  • ON SITE: 22 Days
  • ID#: OC26089123
Pending
UPDATED: 76 min ago
$799,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

Listing Agent(s): Shawn Smithson of RE/MAX One (949-204-2192) and Ryan Bortolussi of First Team Real Estate(951-699-9080)


Description

1652 4th Street in Norco presents a well maintained 4 unit investment opportunity positioned on a large 11,326 sq ft flat lot with CG General Commercial zoning, offering immediate income with strong future upside. The property consists of two 2 bedroom 1 bath units and two 1 bedroom 1 bath units, providing a balanced unit mix that appeals to a wide tenant base. Built in 1950, the asset has been consistently maintained and includes four garage spaces along with approximately 25 total parking spaces, a rare and highly functional feature that supports both residential use and potential commercial flexibility. The site layout, flat topography, and surplus parking create multiple value add angles for an investor looking to increase rents, improve operations, or reposition the property over time. Located in the path of ongoing development, this property benefits from its General Commercial zoning which opens the door to future redevelopment or mixed use potential as the area continues to evolve. Ideal for an investor seeking stable cash flow today with long term upside through repositioning or land use change, this is a strategic acquisition in a growing and increasingly desirable Norco corridor.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T12:28:31.923. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/175785329
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1652 4th Norco, CA 92860

  • Price: $799,000
  • Status: Pending
  • On Site: 22 Days
  • Updated: 76 min ago
  • ID#: OC26089123
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1950
Built
Neighborhood:
250 - Norco
County:
Riverside
Area:
250 - Norco
Property Description
1652 4th Street in Norco presents a well maintained 4 unit investment opportunity positioned on a large 11,326 sq ft flat lot with CG General Commercial zoning, offering immediate income with strong future upside. The property consists of two 2 bedroom 1 bath units and two 1 bedroom 1 bath units, providing a balanced unit mix that appeals to a wide tenant base. Built in 1950, the asset has been consistently maintained and includes four garage spaces along with approximately 25 total parking spaces, a rare and highly functional feature that supports both residential use and potential commercial flexibility. The site layout, flat topography, and surplus parking create multiple value add angles for an investor looking to increase rents, improve operations, or reposition the property over time. Located in the path of ongoing development, this property benefits from its General Commercial zoning which opens the door to future redevelopment or mixed use potential as the area continues to evolve. Ideal for an investor seeking stable cash flow today with long term upside through repositioning or land use change, this is a strategic acquisition in a growing and increasingly desirable Norco corridor.
Exterior Features

Construction Materials Wood Siding Entry Level 1 Entry Location Front Exterior Features Rain Gutters Fencing BlockChain Link Foundation Details Slab Horse Amenities Riding Trail Lot Features Rectangular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 21 Parking Features GarageOn SiteOversized Parking Total 25 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No

Interior Features

Accessibility Features No Stairs Appliances Gas OvenRefrigerator Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Natural GasWall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Unfurnished

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Common Interest None Community Features Horse TrailsStable(s)LakeStreet Lights Disclosures Incorporated Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 51000 Gross Scheduled Income 51000 Insurance Expense 1200 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Maintenance Expense 1000 Net Operating Income 45008 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 5992 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGasOther Total Actual Rent 4050 Trash Expense 792 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 3000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-17T12:28:31.923. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Shawn Smithson of RE/MAX One (949-204-2192) and Ryan Bortolussi of First Team Real Estate(951-699-9080)