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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.

Overview

Property Status
Pending
Lot Size
0.26 Acres
MLS ID
OC26089123
Property Type
Multi-Family
Year Built
1950

Features & Amenities

Total Area
2,235 Sq.Ft.
Neighborhood
Riverside County
Stories
1
Garage Spaces
4.0
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Pool
None
Roof
Shingle
Lot Features
Rectangular Lot
Parking
Garage, On Site, Oversized
Heat Type
Natural Gas, Wall Furnace
Air Conditioning
None
Laundry Room
None
Fireplace
None
Appliances
Gas Oven, Refrigerator
Other Interior Features
Ceiling Fan(s), Unfurnished
Sewer
Public Sewer
Substructure
Slab
Disability Features
No Stairs
Other Exterior Features
Rain Gutters
Sales Price
$799,000
Maintenance Fee
$1,000/mo

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1652 4th

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for your interest in 1652 4th, Norco, CA 92860

1652 4th
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1652 4th

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