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.
90 days
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604
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15
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Zillow last checked:
Listing updated:
Listed by:
Shawn SmithsonDRE #01706033949-371-5569,
RE/MAX One,
Ryan BortolussiDRE #01502123,
First Team Real Estate
Source: CRMLS,MLS#: OC26089123Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Heating
Natural Gas, Wall Furnace
Cooling
None
Appliances
Included: Gas Oven, Refrigerator
Laundry: None
Features
Ceiling Fan(s), Unfurnished
Flooring: Carpet, Tile
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 2,235
Total interior livable area: 2,235 sqft
Property
Parking
Total spaces: 25
Parking features: Garage, On Site, Oversized
Garage spaces: 4
Uncovered spaces: 21
Accessibility
Accessibility features: No Stairs
Features
Levels: One
Stories: 1
Entry location: Front
Exterior features: Rain Gutters
Pool features: None
Spa features: None
Fencing: Block,Chain Link
Lot
Size: 0.26 Acres
Dimensions: 60 x 185
Features: Rectangular Lot
Details
Parcel number: 127180024
Special conditions: Standard
Horse amenities: Riding Trail
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes
Materials
Wood Siding
Foundation: Slab
Roof: Shingle
Condition
New construction: No
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
Features: Horse Trails, Stable(s), Lake, Street Lights