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For sale
  • Listed by: Allison James Estates & Homes • Morgan Mennell • Contact: 760-575-4778
    $1,600,000

    43763 State Highway 74, Hemet, CA 92544

    --beds
    --baths
    4,827sqft
    : 
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    Mixed Use
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $331/sqft
    $-- HOA

    What's special

    Exceptional Income-Producing Investment Opportunity! Rare chance to acquire a diversified investment property consisting of five separate APNs offering immediate cash flow and future development potential. The property currently features one established commercial business with one apartment and four more residential homes, 2 container rentals, creating multiple income streams from a single acquisition. Three of the APNs are improved with income-producing structures, while two additional vacant lots provide valuable upside potential for future development, expansion, or additional rental units (subject to buyer verification and local approvals). This unique portfolio offers strong rental income, tenant diversity, and long-term appreciation potential. Whether you’re looking to expand your investment portfolio, generate consistent cash flow, or capitalize on future development opportunities, this property delivers flexibility and value. Highlights:?• 5 Separate APNs Included?• 1 Commercial Business?• 4 Residential Homes?• 1 Apartment Unit?• Multiple Income Streams?• 2 Vacant Lots with Development Potential?• Strong Cash Flow Opportunity?• Excellent Long-Term Investment Potential Properties with this combination of current income and future growth opportunities are rarely available. Don’t miss this exceptional investment offering.
    23 days
    |
    197
    |
    7
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Morgan Mennell DRE #01503949 760-575-4778,

    Allison James Estates & Homes,

    Zachary Mennell DRE #02330033,

    Allison James Estates & Homes

    Source: CRMLS,MLS#: SW26133179MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Heating
      • Central
      Appliances
      • Laundry: Washer Hookup
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 4,827
      • Total interior livable area: 4,827 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 1.63 Acres
      • Features: 6-10 Units/Acre
      Details
      • Additional parcels included: 549161002,549161003,549110011,549161005
      • Parcel number: 549161038
      • Special conditions: Standard,Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Rural
      Location
      • Region: Hemet

      Financial & listing details

      • Price per square foot: $331/sqft
      • Date on market: 6/18/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,578/mo

        Price history

        DateEventPrice
        6/18/2026Listed for sale$1,600,000$331/sqft
        Source: CRMLS #SW26133179 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92544

        Getting around

        55 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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