
Norco, California 92860
Analysis of 1652 4th, Norco, California 92860 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Norco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950 (74 years old) with no recorded major renovations to kitchens, bathrooms, or core systems. While described as 'well maintained' for current rental income, the listing's heavy emphasis on 'future redevelopment,' 'land use change,' and 'repositioning' indicates the structures are dated and likely require significant rehab or replacement to meet modern standards.
The CG General Commercial zoning on a large, flat 11,326 sq ft lot provides exceptional long-term value through potential redevelopment or mixed-use repositioning in a growing corridor.
With four garage spaces and approximately 25 total parking spots, the property offers a rare and highly functional parking ratio that supports both residential density and future commercial flexibility.
The quadruplex features a balanced mix of two 2-bedroom and two 1-bedroom units, providing immediate cash flow and appealing to a wide range of prospective tenants.
Originally built in 1950, the property may require more frequent maintenance and capital expenditures to update aging systems compared to newer multi-family assets.
With a total of 2,235 square feet across four units, the average unit size is relatively compact, which may limit the ability to achieve premium market rents for the area.
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.
No exterior & parking available.
No sensitive facilities data found.
Apr 24, 2026
$799,000
Initial Listing
Jun 12, 2013
$345,000
Public Record