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.
Norco is located in California. Norco, California has a population of 26,176. Norco is less family-centric than the surrounding county with 32.53% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Norco, California is $115,619. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Norco is 40.8 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 41.7 degrees. The average rainfall is approximately 12.1 inches per year, with 0 inches of snow per year.
