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31981460
32009235

1652 4th, Norco, CA 92860 For Sale

SS
CA 01706033
RE/MAX One
First Team Real Estate
Listed by RE/MAX One, First Team Real Estate
$799,000
88 days on market
Updated 14 days ago

1652 4th

Details
APN 127180024
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.260
Zoning Assessor

Multifamily | 4 Units

Marketing description

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.
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Listing Contacts

SS
CA 01706033
RE/MAX One
First Team Real Estate
Listed by RE/MAX One, First Team Real Estate

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