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3864 Pedley Ave, Norco, CA 92860

$525K1bd · 1ba · 657 sqft
Lot 0 sqft•Single Family Residence•
Active
•84d on market•MLS# IV-26157782

Property Description

Welcome to Horse Town USA! Opportunity awaits at 3864 Pedley Avenue in the heart of Norco. Situated on a spacious 0.26-acre lot, this 1-bedroom, 1-bathroom home offers approximately 657 square feet of living space and is the perfect project property for investors, contractors, or buyers looking to create their dream home. This property presents endless potential with plenty of usable land and room to reimagine, renovate, or expand (buyer to verify with the City of Norco). Whether you’re looking for a fix-and-flip opportunity, an investment property, or a chance to customize a home to your own taste, this property provides a rare opportunity in one of Southern California’s most sought-after equestrian communities. Conveniently located near Norco’s renowned horse trails, parks, shopping, dining, and schools, this property combines small-town country living with easy access to nearby freeways and amenities. Bring your vision and tools—properties with this much potential and usable land do not come along often. Don’t miss this chance to own a piece of Norco and transform this diamond in the rough into something truly special!

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
View
None
City
Norco
Zip Code
92860
County
Riverside
Listed byCOLDWELL BANKER REALTY, RICKY L HALLAM

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,654.69
Principal & Interest
Loan Amount
$420,000
Total Interest
$535,687
Total Payment Over 30 Years
$955,687
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 0 active · 5 closed

3864 Pedley Ave, Norco, CA 92860

Norco · Single Family Residence

$525K
Affordable Tier
Beds
1
Baths
1
Sqft
657
Lot
11,325 sqft
Year
1947
$/Sqft
$799
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 19.2% below the median closed sale of $650,000. Price per sqft ($799) is a 29% premium to closed comps ($617). Closed comps sold at 106% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $525K· $799/sqft
Total list price
Closed comps
vs closed median $650K
−$125K (−19.2%)
Active compsinsufficient comp data
Price per sqft
Closed compsinsufficient comp data
Active compsinsufficient comp data

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4086 Acacia AveNorco192607/22/20262190612,632$660,000$680,000$7511.0311072
925 5th StreetNorco192905/21/2026218646,098$299,990$390,000$4511.302372
527 7thNorco192710/02/20262197516,553$629,000$627,000$6431.006567
1295 4thNorco195705/15/2026311,0845,227$650,000$650,000$6001.002561
2993 HillsideNorco196206/09/2026321,0926,534$699,999$699,999$6411.005254
Total: 5 · Average2.41.2984.29,408.8$609,399.8$609,399.8$617.2—55
Median975$650,000$650,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.