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Listed by: Morgan Mennell (760) 575-4778 DRE #01503949, Zachary Mennell DRE #02330033 | Allison James Estates & Homes (888) 446-5552
$1,498,000
Monthly Est:$7,456
9 Beds
6 Baths
4,827sqft
43763 State Hwy 74, Hemet, CA 92544
$1,498,000
$7,456/moEst:
Get Pre-Approved
Mixed Use
Built in 1950
$-- HOA
1.63 acres lot
$310/sq.ft
Description
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.
- Houzeo last checked: 4 minutes ago
- Listing updated: August 24, 2026 at 3:22 am
- Source: California Regional MLS-CA | MLS#: SW26133179
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
4,827 sqft
Lot Size
1.63 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SW26133179
MLS Status
Active
Days on Market
142
Cumulative Days on Market
66
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 6
Interior
Heating
Central
Sewer
Septic Tank
Utilities & Energy
Water Source
Public
Laundry Features
Washer Hookup
Pool Features
None
Other Features
Lot Features
Six To Ten Units Acre
Community Features
Rural
Price History
| Date | Event | Price |
|---|---|---|
06/18/2026 Source: | Price Decreased | $1,498,000 -6.38% $310/sqft |
06/18/2026 Source: | Listed for Sale | $1,600,000 $331/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 07, 2026, 09:45PM and /or other sources. 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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