44618 State Highway 74, Hemet, CA 92544
Riverside County
Key Facts
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 Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1956
Stories
1
Living Area
1,800 sq ft
Lot Size
0.80 acres
Days on Market
51
MLS® Listing#
SW26089862
Property Features
Exterior
Heating
Laundry
Lot Features
Water Source
Financial Details
Parcel Number
548092041
Directions
Head east on Hwy 74 towards Idyllwild from Hemet. The property will be on the right (north) side of the highway.
Affordability Calculator
$125,000
Estimated monthly payment
$3,327/mo
Principal $500,000 · Est. interest $697,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hemet, CA
- $427,451
- Median Listing Price
- 58
- Median Days on Market
- 1,576
- Median Sq Ft
- $252
- Median Price / Sq Ft
- 456
- Active Listings
- This home’s price is 46% above the area median.
- Its price per sq ft is 38% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hemet, CA.
Location
- 44618 State Highway 74, Hemet, CA 92544
Getting Around
Points of Interest in Hemet, CA
Showing the Hemet area map.
Nearby Schools
Hemet Unified School District
School · 0.8 mi away
Valle Vista Elementary School
Elementary · 0.8 mi away
Bautista Creek Elementary School
Elementary · 2.0 mi away
Imagine Schools Hemet
Elementary · 2.0 mi away
Noli Indian School
Secondary · 2.1 mi away
Hemet Adventist Christian School
School · 2.4 mi away
Charleton Academy
School · 2.5 mi away
Little Lake Elementary School
Elementary · 2.7 mi away
St Jude Mission School
School · 2.8 mi away
Dartmouth Middle School
Secondary · 3.1 mi away
Jacob Wiens Elementary School
Elementary · 3.2 mi away
College Preparatory High School
School · 3.2 mi away
Hemet High School
Secondary · 3.2 mi away
St John's School
Elementary · 3.6 mi away
Ramona Elementary School
Elementary · 3.6 mi away
Park Hill Elementary School
Elementary · 3.7 mi away
North Mountain Middle School
Secondary · 3.8 mi away
Estudillo Elementary
Elementary · 4.1 mi away
Springs Charter Schools
Elementary · 4.2 mi away
Baptist Christian School
School · 4.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3539 Murray Hill, Hemet, CA | $438,900 | 3 | 2 | 1,336 |
| 215 Gamez, Hemet, CA | $439,000 | 2 | 2 | 1,861 |
| 5545 Corte Vallarta, Hemet, CA | $439,000 | 2 | 2 | 1,851 |
| 5292 Corte Cerro, Hemet, CA | $439,000 | 2 | 2 | 1,513 |
| 26185 Notre Dame Court, Hemet, CA | $440,000 | 4 | 2 | 1,439 |
| 25076 Sansome, Hemet, CA | $445,000 | 4 | 2 | 1,457 |
Moving Cost Estimate
EXIT Agents in Hemet
Listing Courtesy: Coleman and Associates - 951-315-7914
Presented by: Matt McPherson
Licensed in the state of California.