1652 Fourth St

Norco, CA 92860

$799,000
Price
6
Beds
4
Baths
2,235 Sq. Ft.
$357 / Sq. Ft.
2,235
Sq. Ft.
$357
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Pending
Pending

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...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.
  1. Listed by Shawn Smithson • DRE #01706033 • Brokerage DRE #00965994 • RE/MAX One • 949-371-5569
  2. Listed by Ryan Bortolussi • DRE #01502123 • Brokerage DRE #01008773 • First Team Real Estate

Property Details for 1652 Fourth Street

Parking Spaces Total
25
Private Pool
No
Cooling Type
None
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Lot Size Dimensions
60x185
Living Area
2235
LISTING UPDATED: 05/22/2026 03:28 AM

Property Details for 1652 Fourth Street

StatusPending
MLS #OC26089123
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.26 AC / 11,326 SF
CountyRiverside County
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Location

Listing Courtesy of RE/MAX One, Shawn Smithson, DRE #01706033; First Team Real Estate, Ryan Bortolussi, DRE #01502123
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Building Information for 1652 Fourth Street

Stories1Residences-Year Built1950Building Size-Lot Size0.26 AC / 11,326 SF

Payment Calculator

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$4,385 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,982

Property Taxes

$403

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1652 Fourth Street

Rental Info
Rental Info
  • Tenant Pays: Gas, Other, Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $51,000
  • Gross Scheduled Income: $51,000
  • Gross Operating Income: $51,000
  • Net Operating Income: $45,008
  • Number Of Rented Garages: 2
  • Garage Rental Rate: $100
  • Garage Income: $200
  • Other Income Description: Garage Rental
Expense Details
  • Operating Expense: $5,992
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,200
  • Maintenance Expense: $1,000
  • Trash Expense: $792
  • Water Sewer Expense: $3,000
  • Total Expenses: $5,992
Tax / Assessment Info
  • Tax Block: 25
  • Tax Tract Number: 2
  • CFD/Mello-Roos Fee: $53
  • Tax Lot: 2
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Horse Trails, Stable(s), Lake, Street Lights
  • Complex Features: Horse Trails
Property / Structure Info
Interior Features
  • Appliances: Refrigerator, Gas Oven
  • Equipment: None, Refrigerator
  • Interior Features: Copper Plumbing Partial, Unfurnished, Ceiling Fan(s)
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Natural Gas, Wall Furnace
  • Heat Source: Natural Gas
  • Heating: Natural Gas, Wall Furnace
  • Flooring Type: Tile, Carpet
  • Flooring: Tile, Carpet
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Block, Chain Link
  • Foundation Details: Slab
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot, Lot 10000-19999 Sqft
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Cable Connected, Phone Connected, Electricity Connected, Water Connected
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Oversized
  • Uncovered Spaces: 21
  • Open Other Spaces Total: 21
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, On Site, Oversized
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 9
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $850
  • Unit Type Total Rent: $850
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,350
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number With Carpet: 1
  • Number With Patio: 2

Property History for 1652 Fourth Street

DateEvent & SourcePriceAppreciation
May 22, 2026

Pending

CLAW #OC26089123MR

—
May 22, 2026

Pending

SDMLS #OC26089123

—
May 19, 2026

Listed (Active)

CLAW #OC26089123MR

$799,000—
DateEvent & SourcePrice
05/22/2026

Pending

CLAW #OC26089123MR

—
05/22/2026

Pending

SDMLS #OC26089123

—
05/19/2026

Listed (Active)

CLAW #OC26089123MR

$799,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1652 Fourth Street

Taxable ValueLand$123,137Additions$301,694Total$424,831
Tax Record2025$4,831 ($403 / month)
Home Facts
Lot Size11,325 SqFtStyleMulti-Family Res (5+ Units)ZoningCGCountyRIVERSIDEAPN127-180-024

Schools near 1652 Fourth Street

This home is within Corona-Norco Unified School District.
Rating
School
Type
Grades
Distance
Highland Elementary School
Public - K to 6
Norco Intermediate School
Public - 7 to 8
Norco High School
Public - 9 to 12
Philistine Rondo School of Discovery
Public - K to 6
Rating
School
Distance
Highland Elementary School
PublicK to 6

Norco Intermediate School
Public7 to 8

Norco High School
Public9 to 12

Philistine Rondo School of Discovery
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX One, Shawn Smithson, DRE #01706033; First Team Real Estate, Ryan Bortolussi, DRE #01502123

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.