1373 Detroit St, Norco, CA 92860
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1373 Detroit St Norco, CA 92860

$470,000 Sold Price as of 02/26/2021
  • 3 Beds
  • 2 Baths
  • 1,160 Sq.Ft.
Sold
$470,000 Sold Price as of 02/26/2021 Refinance Your Mortgage

Map preview of 1373 Detroit St, Norco, CA 92860

Property Overview: 1373 Detroit St Norco, CA has 3 bedrooms, 2 bathrooms, 1,160 living square feet and 13,939 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lots of possible investment opportunities! Use the property as horse property, rent out & cash flow the units, it is possible to do an extension to the units, combine the units to make one house or rent out one unit and live in the other! Features 2 units, 1st unit contains 2 bedrooms and 1 bath. the 2nd unit is a 1 bedroom and 1 bath. Both have seperate utility hook ups and on the public sewer. The property is fully fenced with a double gated entry and two storage areas approx. 300 sq. ft behind each of the units. Plenty of room for RV parking, trailer parking and all of your toys! This is a wonderful entry opportunity to enjoy the Norco lifestyle. Close to the riverbed, horse trails, shopping, restaurants, Starbucks, hotels, freeways and schools. Located in Horse Town USA, near Hidden Valley Preserve, Ingalls Equestrian Center and the Riverbed riding trails! Don't miss out on the opportunity to be in a peaceful yet developing area. Owner is currently repairing the property. See the other duplex for sale at 2159 5th St. Riverside for a package sale opportunity.

Listed by Christopher Rubio | BRE #01959226 | Rubio Real Estate
Co-listed by Zoran Grujevski | BRE #02069559 | Rubio Real Estate
Last checked: 9 minutes ago | Last updated: September 1st, 2023 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
13,939
HOA Dues
$0/mo
Year built
1952
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20146981
City
Norco
County
Riverside
Time on Site
1518 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $830
  • Total Rent: $830
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,560
  • Net Operating Income: $23,560
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $2,000
  • Trash: $0
  • Insurance: $3,000
  • Water/Sewer: $0

Property Details for 1373 Detroit St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down, Kitchen, Laundry, Master Suite
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Other Structures: Storage, Workshop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 21
  • Has Parking
  • Parking Features: Garage, Garage Faces Front, Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Horse Property, Horse Property Improved, Horse Property Unimproved, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Park Nearby, Ranch, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Neighborhood
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 2
  • Parcel Number: 131050020
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Repairs Cosmetic, Under Construction
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Sierra & Detroit
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
Neighborhood Information
  • Community Features: Rural, Street Lights, Suburban
View more facts & features

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Sale History for 1373 Detroit St

Last sold for $470,000 on February 26th, 2021
  • February, 2021

  • Feb 26, 2021

    Date

    Sold

    CRMLS: OC20146981

    $470,000

    Price

  • Oct 10, 2020

    Date

    Pending

    CRMLS: OC20146981

    $449,998

    Price

  • Aug 22, 2020

    Date

    Active

    CRMLS: OC20146981

    $449,998

    Price

  • Aug 2, 2020

    Date

    Coming Soon

    CRMLS: OC20146981

    $449,998

    Price

  • September, 2010

  • Sep 17, 2010

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

  • March, 2004

  • Mar 10, 2004

    Date

    Sold (Public Records)

    Public Records

    $330,000

    Price

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Tax History for 1373 Detroit St

Assessed Value (2020): $181,569
Year Land Value Improved Value Assessed Value
2020 $70,283 $111,286 $181,569

Home Value Compared to the Market

This property vs the competition

1373 Detroit St sold on February 26, 2021 for 47.37% lower than the current median sold price for the city of Norco which is $855,000. The median sold price per/sqft for Norco is $488 and this home is sold at $387.93 per/sqft which puts the price per square foot 20.51% lower than the current median sale per square foot for the city of Norco.

About 1373 Detroit St

Detailed summary of property

1373 Detroit St is a duplex that recently sold in Norco, CA 92860. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,160 living square feet, and sits on an approximately 13,939 square foot lot. 1373 Detroit St was first listed on ArdentRealEstateGroup.com on August 2, 2020. The homeowner sold the property for $470,000. Home in Norco are selling for a median price of $855,000 and a median price per square foot of $488. Based on Ardent Real Estate Group's Norco Market Data, this home is sold 47.37% lower than the current median priced home. Local homes that are currently for sale include 134 W 60th St, 110 W 48th St and 340 W 119th St. While the average home in Norco, CA is selling in 74 days, 1373 Detroit St has a days on market of 48 days. There are currently 59 homes for sale in the Norco real estate market and 59 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 1373 Detroit St Norco, CA 92860 contact Ardent Real Estate Group and we will put you in touch with one of our Norco agents.

Public Facts for 1373 Detroit St

Public county record property details
Beds
2
Baths
2
Year built
1952
Sq. Ft.
1,160
Lot Size
13,939
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
13
APN
131-050-020

The source for these homes facts are from public records.

92860 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$950,000
Median List Price/Sq.Ft.
$471
Median Sold Price
$855,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
59
Median Sale to List Price %
97.71%
Avg Days on Market
21
Loan Type
Conventional (60%), FHA (0%), VA (5%), Cash (20%), Other (15%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.