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4,827 sqft

$1,498,000

43763 State Highway 74, Hemet CA, 92544

Price per sqft$310.34
Built in1950
Property size4,827 sqft
Property typeMulti-family

Overview

Active

Listed Jun 18, 2026

Updated Aug 25

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.

$9,966/mo

Est. mortgage payment based on a $1,498,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SW26133179

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
1.63 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Listed by Morgan Mennell, Allison James Estates & Homes, CA DRE 01503949

Listing Contact: 760-575-4778 

Based on information from the CRISNet MLS as of 8/25/2026, 9:48 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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