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.
For sale
Listed by: Allison James Estates & Homes • Morgan Mennell • Contact: 760-575-4778
Price cut: $102K (8/24)
$1,498,000
43763 State Highway 74, Hemet, CA 92544
9beds
6baths
4,827sqft
Mixed Use
Built in 1950
-- sqft lot
$-- Zestimate®
$310/sqft
$-- HOA
What's special
- 84 days
- 305
- 6
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#: SW26133179
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
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: $310/sqft
- Date on market: 6/18/2026
- Cumulative days on market: 85 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,864/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $1,498,000-6.4%$310/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $1,600,000$331/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92544
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