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Listed by Matt McPherson • Coleman and Associates
$599,000
Est. payment /mo
1,800 SqFt
Price Dropped by $26K
44618 State Highway 74 Hemet, CA 92544
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Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $332
MLS Listing ID SW-26142514
Year Built 1956
Lot Size 0.800 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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.
Location
State CA
County Riverside
Area Srcar-Southwest Riverside County
Interior
Heating Central
Fireplaces Type None
Laundry Common Area
Exterior
Pool None
Community Features Biking, Foothills, Rural, Valley
Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description Landscaped, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Value In Land, 2-5 Units/Acre
Sewer Public Sewer
NEARBY SCHOOL & BUSINESS
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