1652 4th Norco, CA $ 799,000
1652 4th
$ 799,000
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1652 4th

Norco, CA, 92860
$ 799,000
Baths1.0 Sq 2,235

Monthly Estimate*

$ 4,920

Listed by RE/MAX One
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Studio

Multi-Family Home for sale in Norco, CA

for $799,000 with 1 full bath. This 2,235 square foot home was built in 1950 on a lot size of 0.26.

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.

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Multi-Family Active

Price

$ 799,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.26

Year Built

1950

Town/City

Norco

County/Region

Riverside

MLS | Web ID

OC26089123

Days on Market

5

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Gas Oven Refrigerator
HOA Fee 0
Garage Spaces 4
Pool Features None
Construction Materials Wood Siding
Year Built 1950
Tenant Pays Cable TV Electricity Gas Other
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 51000
Community Features Horse Trails Stable(s) Lake Street Lights
Accessibility No Stairs
County Riverside
Net Operating Income 45008
Operating Expense 5992
Insurance Expense 1200
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions East on Fourth Street from Hamner to the property
City Norco
Disclosures Incorporated
Entry Location Front
Senior Community Y/N false
Open Parking Spaces 21
Number Of Units Total 4
MLS Area 250 - Norco
Lot Size Units Square Feet
Lot Size Square Feet 11326
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 792
Water Sewer Expense 3000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Total Actual Rent 4050
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Ceiling Fan(s) Unfurnished
Flooring Carpet Tile
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Block Chain Link
Parking Features Garage On Site Oversized
Lot Features Rectangular Lot
Water Source Public
Total Parking 25
Lot Size Area 11326
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 2235
Lot Dimensions 60x185
Lot Size Acres 0.26
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 3
Road Frontage Type City Street
Horse Amenities Riding Trail
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* Excluded Features
List By
Re/Max One

Broker

shawn@smithsonrealtygroup.com

Email

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$799,000 Listed Price

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1652 4th, Norco, CA, 92860 is a Multi-Family Home for sale at $799,000 with 2,235 sqft and a lot size of 0.26. 1652 4th is a studio with 1.0 baths and was built in 1950. The property's zip code is 92860 which is in Norco, CA