43763 State Highway 74, Hemet, CA — listing photo 1
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FOR SALE

43763 State Highway 74

Hemet, CA 92544
71,004 Lot Sq Ft
Built 1950
$1,498,000
Price ReducedWas $1,600,000 — $1,498,000 (-$102,000)

Property Overview

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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1950
Lot size
1.63 acres
Parking
4 spaces
Garage
4 spaces
Stories
1
Days on market
66
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Six To Ten Units Acre

Community, Schools & Utilities

Utilities

Heating
Central
Water
Public
Sewer
SepticTank
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Location & Neighborhood

43763 State Highway 74

Hemet, CA 92544

Frequently Asked Questions About 43763 State Highway 74

Property type: Residential Income

The current asking price is $1,498,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 43763 State Highway 74. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1950. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Hemet, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Hemet property.
The MLS currently reports the property as Active. It has been listed for 66 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Morgan Mennell
MLS ID: SWMENNMOR

Available property

$1,498,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.