44618 State Highway 74, Hemet, CA 92544

$599,000
1,800
SqFt

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List Price
$599,000
Price Change
▼ $26,000 1785716590
Status
ACTIVE
MLS#
SW-26142514
Year Built
1956
Living Sq. Ft
1,800
Lot Size
34,848
Days on Market
78
Property Type
Multifamily
Stories
1

Property Description

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.

Additional Information

Land Lease Type
Fee
Fireplace Description
None

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Calculator source: Real Geeks

Listing courtesy of Coleman and Associates.