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About the Listing OC12216 - OCSMITHSHA,SWBORTRYA
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.
Listing Highlights
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
OC26089123
Year Built
1950
Total Square Footage
2,235
Lot/Acreage
0.26
County
Riverside
Area
250 - Norco
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Gas Oven, Refrigerator
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor: Carpet,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Unfurnished
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 25
- Lot Dimensions: 60x185
- Roof: Shingle
- Others: Rain Gutters,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage,On Site,Oversized
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 127180024
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
1652 4th Norco, CA 92860
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