44618 State Highway 74 Hemet, CA $ 625,000
44618 State Highway 74
$ 625,000
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44618 State Highway 74

Hemet, CA, 92544
$ 625,000
Baths0.0 Sq 1,800

Monthly Estimate*

$ 3,946

Listed by Coleman and Associates
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Studio

Multi-Family Home for sale in Hemet, CA

for $625,000. This 1,800 square foot home was built in 1956 on a lot size of 0.8.

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.

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Multi-Family Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.8

Year Built

1956

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26142514

Days on Market

36

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Garage Spaces 0
Pool Features None
Year Built 1956
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 48000
Community Features Biking Foothills Rural Valley
County Riverside
Net Operating Income 32000
Operating Expense 9600
Insurance Expense 3000
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Go direct
City Hemet
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 34848
Listing Terms Cash Cash to New Loan Submit
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 3000
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 2400
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 59
Property Sub Type Additional Mixed Use
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Interior
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Landscaped Rectangular Lot Street Level Value In Land
Water Source Public
Total Parking 0
Lot Size Area 34848
Number of Buildings 2
Building Area Total 1800
Lot Size Acres 0.8
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Coleman And Associates

Broker

mcphtown@aol.com

Email

Affordability Calculator

$3,946
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Monthly Principal & Interest
$3,946
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$625,000 Listed Price

Map


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44618 State Highway 74, Hemet, CA, 92544 is a Multi-Family Home for sale at $625,000 with 1,800 sqft and a lot size of 0.8. 44618 State Highway 74 is a studio with 0.0 baths and was built in 1956. The property's zip code is 92544 which is in Hemet, CA