Rare mixed-use investment opportunity with prime Highway 74 frontage in East Hemet’s Valle Vista area. Situated on approximately .80 acres (34,848 sq ft), this versatile property offers multiple income streams and excellent owner-user potential. The property features two residential units, including a remodeled front 2-bedroom, 1-bath unit and a separate back studio-style unit with private access—ideal for rental income, multi-generational living, or onsite management. The expansive fully fenced lot currently generates approximately $16,000+ annually through RV, trailer, and boat storage rentals. Also rent both units for $4000 a month or $50,000 annually. Beautiful front landscaping creates strong curb appeal, while side alley access provides added convenience and flexibility for business operations, storage access, or future expansion. With mixed-use zoning, excellent visibility along Highway 74, and existing income already in place, this property is ideal for investors, small business owners, contractors, or buyers seeking a live/work opportunity with room to grow. Rare chance to own a highly flexible income-producing property in a high-traffic corridor. Property can go FHA. Seller is selling the property as is.
For sale
Listed by: Coleman and Associates • Matt McPherson • Contact: 951-315-7914
Price cut: $26K (8/2)
$599,000
44618 State Highway 74, Hemet, CA 92544
8beds
--baths
1,800sqft
Mixed Use
Built in 1956
-- sqft lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
Two residential unitsExpansive fully fenced lotBeautiful front landscapingSide alley access
- 72 days
- 448
- 33
Zillow last checked:
Listing updated:
Listed by:
Matt McPherson DRE #01362837 951-315-7914,
Coleman and Associates
Source: CRMLS,MLS#: SW26142514
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.8 Acres
- Features: 2-5 Units/Acre, Landscaped, Rectangular Lot, Street Level, Value In Land
Details
- Parcel number: 548092041
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Foothills, Rural, Valley
Location
- Region: Hemet
Financial & listing details
- Price per square foot: $333/sqft
- Date on market: 6/30/2026
- Cumulative days on market: 72 days
- Listing terms: Cash,Cash to New Loan,Submit
Estimated market value
Not available
Estimated sales range
Not available
$1,740/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/2/2026 | Price change | $599,000-4.2%$333/sqft |
Source: | ||
| 6/30/2026 | Listed for sale | $625,000-47.9%$347/sqft |
Source: | ||
| 5/21/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/9/2025 | Price change | $1,200,000+29.7%$667/sqft |
Source: Owner Report a problem | ||
| 5/5/2025 | Price change | $925,000+12.1%$514/sqft |
Source: Owner Report a problem | ||
| 2/18/2025 | Price change | $825,000-8.2%$458/sqft |
Source: Owner Report a problem | ||
| 1/17/2025 | Price change | $899,000-18.3%$499/sqft |
Source: Owner Report a problem | ||
| 1/7/2025 | Listed for sale | $1,100,000+22.2%$611/sqft |
Source: Owner Report a problem | ||
| 9/1/2021 | Listing removed | -- |
Source: | ||
| 5/25/2021 | Listed for sale | $899,900-25%$500/sqft |
Source: | ||
| 1/15/2021 | Listing removed | -- |
Source: | ||
| 9/17/2020 | Listed for sale | $1,200,000+20%$667/sqft |
Source: Coldwell Banker Res-Vail Ranch #SW20193824 Report a problem | ||
| 7/17/2018 | Listing removed | $1,000,000$556/sqft |
Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW18011344 Report a problem | ||
| 1/17/2018 | Listed for sale | $1,000,000$556/sqft |
Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW18011344 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92544
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