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Listed by Shawn Smithson, DRE #01706033 • RE/MAX One
$799,000
Est. payment /mo
0.26 Acres Lot
Active
1652 4th Norco, CA 92860
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26089123
Year Built 1950
Lot Size 0.260 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
1652 4th Street in Norco presents a 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.
Location
State CA
County Riverside
Area 250 - Norco
Rooms
Kitchen Refrigerator, Oven - Gas
Interior
Heating Gas, Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Garage, Common Parking Area, Room for Oversized Vehicle
Garage Spaces 25.0
Pool 31, None
Roof Type Shingle
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 127180024
Special Listing Condition Not Applicable
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