778 5Th St, Norco, CA 92860
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778 5Th St Norco, CA 92860

$700,000 Sold Price as of 05/17/2023
  • 6 Beds
  • 2 Baths
  • 2,215 Sq.Ft.
Sold
$700,000 Sold Price as of 05/17/2023 Refinance Your Mortgage

Map preview of 778 5Th St, Norco, CA 92860

Property Overview: 778 5Th St Norco, CA has 6 bedrooms, 2 bathrooms, 2,215 living square feet and 30,056 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CASH OFFERS OR HARD MONEY OFFERS ONLY!!!! Horsetown USA Excellent opportunity as an investment OR as an owner with income from the other unit. First time on the market since 1989, this Duplex is located on a street of mostly single-family homes. Each unit offers 3 bedrooms, and 1 bathroom with its own garage. Horse Property with plenty of room to build on. Conveniently located in the heart of Norco, close to fantastic restaurants, great shopping, grocery stores, parks, hiking trails, top-rated schools, and convenient freeway access.

Listed by Waldin Gonzalez | BRE #01756984 | VYLLA HOME
Co-listed by Liz Manjarez | BRE #01946165 | Vylla Home, Inc.
Last checked: 1 minute ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
30,056
HOA Dues
$0/mo
Year built
1955
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
CV23011977
City
Norco
County
Riverside
Time on Site
614 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $54,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • Trash: $1
  • Insurance: $1
  • Water/Sewer: $1

Property Details for 778 5Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre, Horse Property, Ranch
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 123030002
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Septic Type Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near 5th and Temescal ave
Neighborhood Information
  • Community Features: Horse Trails, Rural
View more facts & features

Local Norco Agent

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Sale History for 778 5Th St

Last sold for $700,000 on May 17th, 2023
  • May, 2023

  • May 17, 2023

    Date

    Sold

    CRMLS: CV23011977

    $700,000

    Price

  • Jan 24, 2023

    Date

    Active

    CRMLS: CV23011977

    $675,000

    Price

  • June, 2004

  • Jun 30, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 778 5Th St

Assessed Value (2020): $280,059
Year Land Value Improved Value Assessed Value
2020 $100,914 $179,145 $280,059

Home Value Compared to the Market

This property vs the competition

778 5Th St sold on May 17, 2023 for 15.2% 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 $327.31 per/sqft which puts the price per square foot 32.93% lower than the current median sale per square foot for the city of Norco.

About 778 5Th St

Detailed summary of property

778 5Th St is a duplex that recently sold in Norco, CA 92860. This duplex offered 6 bedrooms, 2 bathrooms, roughly 2,215 living square feet, and sits on an approximately 30,056 square foot lot. 778 5Th St was first listed on ArdentRealEstateGroup.com on January 23, 2023. The homeowner sold the property for $700,000. 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 15.2% lower than the current median priced home. Local homes that are currently for sale include 3335 3rd St, 3150 Lime St and 2726 5th St. While the average home in Norco, CA is selling in 74 days, 778 5Th St has a days on market of 38 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 778 5Th 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 778 5Th St

Public county record property details
Beds
3
Baths
1
Year built
1955
Sq. Ft.
1,240
Lot Size
30,056
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
123-030-002

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.