Estimated payment $4,694/month
Highlights
- Community Stables
- Community Lake
- No Interior Steps
- Highland Elementary Rated A-
- No HOA
- Tile Flooring
About This Home
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 Agent
RE/MAX One Brokerage Phone: 949-371-5569 License #01706033 Listed on: 04/24/2026
Co-Listing Agent
First Team Real Estate Brokerage Phone: 949-371-5569 License #01502123
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 11,326 Sq Ft Lot
- Lot Dimensions are 60x185
- Two or More Common Walls
- Block Wall Fence
- Chain Link Fence
- Rectangular Lot
Parking
- 4 Car Garage
- 21 Open Parking Spaces
- Parking Available
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Wood Siding
- Partial Copper Plumbing
Interior Spaces
- 2,235 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Oven
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Accessible Home Design
- No Interior Steps
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2 / 25
- Tax Tract Number 2
- Assessor Parcel Number 127180024
- $53 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
- Community Lake
Recreation
- Community Stables
- Horse Trails
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- Insurance Expense $1,200
- Maintenance Expense $1,000
- Trash Expense $792
- Water Sewer Expense $3,000
- Operating Expense $5,992
- Gross Income $51,000
- Net Operating Income $45,008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,831 | $424,831 | $123,137 | $301,694 |
| 2023 | $4,673 | $408,336 | $118,356 | $289,980 |
| 2022 | $4,522 | $400,331 | $116,036 | $284,295 |
| 2021 | $4,427 | $392,482 | $113,761 | $278,721 |
| 2020 | $4,378 | $388,459 | $112,595 | $275,864 |
| 2019 | $4,277 | $380,843 | $110,388 | $270,455 |
| 2018 | $4,178 | $373,376 | $108,224 | $265,152 |
| 2017 | $4,072 | $366,055 | $106,102 | $259,953 |
| 2016 | $4,030 | $358,878 | $104,022 | $254,856 |
| 2015 | $3,942 | $353,489 | $102,460 | $251,029 |
| 2014 | $3,796 | $346,566 | $100,454 | $246,112 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/08/2026 06/08/26 | For Sale | $799,000 | 0.0% | $357 / Sq Ft | |
| 05/22/2026 05/22/26 | Pending | -- | -- | -- | |
| 05/19/2026 05/19/26 | For Sale | $799,000 | 0.0% | $357 / Sq Ft | |
| 05/13/2026 05/13/26 | Pending | -- | -- | -- | |
| 05/01/2026 05/01/26 | For Sale | $799,000 | 0.0% | $357 / Sq Ft | |
| 04/29/2026 04/29/26 | Pending | -- | -- | -- | |
| 04/24/2026 04/24/26 | For Sale | $799,000 | +131.6% | $357 / Sq Ft | |
| 06/13/2013 06/13/13 | Sold | $345,000 | -11.3% | $154 / Sq Ft | View Prior Sale |
| 04/26/2013 04/26/13 | Pending | -- | -- | -- | |
| 03/17/2013 03/17/13 | For Sale | $389,000 | -- | $174 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26089123
APN: 127-180-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1642 4th St
- 3696 Hamner Ave
- 2655 Hamner Ave
- 2656 Reservoir Dr
- 0 6th & Valleyview St Unit SW25164144
- 3480 Hamner Ave
- 2448 Corona Ave
- 1090 4th St
- 3470 Valley View Ave
- 2388 Temescal Ave
- 2359 Temescal Ave
- 1429 Barnhart Ln
- 2160 Temescal Ave
- 930 Garden Grove Ave
- 1951 Valley View Ave
- 3966 River Ridge Dr
- 2171 Indian Horse Dr
- 3717 Corona Ave
- 3757 Corona Ave
- 4086 Acacia Ave
- 2318 Hamner Ave
- 2161 Valley View Ave
- 3697 Sierra Ave
- 2766 Broken Lance Dr
- 3038 2nd St
- 3597 Pedley Ave
- 620 Silver Spur Way
- 1265 Paseo Azul Way
- 12947 Clemson Dr
- 12842 Clemson Dr
- 931 Rebecca Way
- 930 Primrose Ln
- 985 Samar Ct
- 7407 Carrollton Place
- 963 Brandywine Ln
- 928 N Vicentia Ave Unit C
- 13652 Perry Ann Cir
- 650 Ebbcreek Dr
- 1020 La Terraza Cir
- 805 Pathfinder Way
Ask me questions while you tour the home.