44618 State Highway 74, Hemet

$599,000

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4

Beds

0.80

Acres

About 44618 State Highway 74

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.

Features of 44618 State Highway 74

MLS® # SW26142514
Price $599,000
Bedrooms 4
Bathrooms 0.00
Acres 0.80
Year Built 1956
Type Residential Income
Sub-Type Mixed Use
Status Active Under Contract

Community Information

Address 44618 State Highway 74
Area SRCAR - Southwest Riverside County
City Hemet
County Riverside
Zip Code 92544

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Central
Cooling Central Air
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

Exterior

Lot Description TwoToFiveUnitsAcre, Landscaped, Rectangular Lot, Street Level, Value In Land

Additional Information

Date Listed June 1st, 2026
Days on Market 87
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMatt Mcpherson
OfficeColeman and Associates

Listing Map

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