Hemet homes
Pending124 days on market
$599,000

44618 State Highway 74, Hemet, CA 92544

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Beds
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Baths
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Sq ft

About this home

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.

Type
Commercial/Residential
Year built
1956
Lot
34,848 sq ft (0.80 ac)
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$3,778/mo
  • Principal & interest$3,029
  • Property tax (est.)$574
  • Home insurance (est.)$175

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Matt McPherson, Coleman and Associates, 951-315-7914. MLS# SW26142514. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:24 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Innovate Realty, Inc., CA DRE #02215206.

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