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1652 4th St, Norco, CA, 92860

6beds
4baths
2,235sqft
$799,000
$357price/sqft
$5,251/moest. monthly cost
$210,040/yrincome needed

About This Home

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.

Getting Around

65
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

9/10
6/10
6/10
Norco High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Gas Oven,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Ceiling Fan(s),Unfurnished
  • Flooring: Carpet,Tile
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Natural Gas,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 2,235
  • Total interior livable area: 2,235 sqft

Property

Accessibility

  • Accessibility features: No Stairs

Details

  • Parcel number: 127180024
  • Attached to another structure: Yes
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Exterior features: Rain Gutters
  • Spa features: None
  • Fencing: Block,Chain Link

Lot

  • Lot size: 0.26 Acres
  • Features: Rectangular Lot
  • Lot size dimensions: 60 x 185

Parking

  • Total spaces: 25
  • Parking features: Garage,On Site,Oversized
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Uncovered spaces: 21