3864 Pedley Ave, Norco, CA 92860
3864 Pedley Ave, Norco, CA 92860
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Norco · Single Family Residence
Listed 7.1% below the median closed sale of $565,000. Price per sqft ($799) is a 77% premium to closed comps ($452).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 930 Garden Grove | Norco | 1962 | 3 | 2 | 1,116 | 5,663 | $538 | $599,900 | 123 | 56 |
| 4997 Hollyhock | Riverside | 1928 | 3 | 2 | 1,270 | 8,712 | $472 | $599,999 | 178 | 40 |
| 6382 Aquila Way | Eastvale | 2017 | 2 | 3 | 1,384 | 709 | $361 | $499,000 | 27 | 33 |
| 11216 Collin | Riverside | 2012 | 4 | 3 | 1,992 | 3,049 | $291 | $580,000 | 39 | 30 |
| 11415 Brookscape | Riverside | 2002 | 3 | 3 | 1,532 | 2,860 | $391 | $599,000 | 11 | 29 |
| Total: 5 · Average | 3.0 | 2.6 | 1,458.8 | 4,198.6 | $410.6 | $575,579.8 | 75.6 | |||
| Median | 1,384 | $599,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4125 Center Avenue | Norco | 1948 | 12/04/2025 | 2 | 1 | 850 | 16,988 | $499,900 | $462,000 | $544 | 0.92 | 108 | 74 |
| 3782 Center Avenue | Norco | 1949 | 11/24/2025 | 3 | 2 | 1,446 | 10,019 | $599,900 | $599,900 | $415 | 1.00 | 45 | 56 |
| 11814 Creighton | Riverside | 1986 | 07/27/2026 | 3 | 2 | 1,200 | 8,712 | $585,000 | $565,000 | $471 | 0.97 | 55 | 46 |
| 4269 Old Hamner Road | Norco | 1966 | 12/05/2025 | 3 | 2 | 1,408 | 12,632 | $650,000 | $580,000 | $412 | 0.89 | 32 | 44 |
| 6149 La Sierra Avenue | Riverside | 1974 | 01/07/2026 | 3 | 2 | 1,260 | 7,405 | $535,000 | $525,000 | $417 | 0.98 | 161 | 37 |
| Total: 5 · Average | 2.8 | 1.8 | 1,232.8 | 11,151.2 | $546,380 | $546,380 | $451.8 | — | 80.2 | ||||
| Median | 1,260 | $565,000 | $565,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.