Pending
Price CutPrice Drop: $26K (10/21)
Sale Pending at 44618 State Hwy 74, Hemet, CA 92544 | MLS# SW26142514 | Listing updated on 2026-10-21
Photo 1 of Sale Pending at 44618 State Hwy 74, Hemet, CA 92544 | MLS# SW26142514 | Listing updated on 2026-10-21
Photo 2 of Sale Pending at 44618 State Hwy 74, Hemet, CA 92544 | MLS# SW26142514 | Listing updated on 2026-10-21
Photo 3 of Sale Pending at 44618 State Hwy 74, Hemet, CA 92544 | MLS# SW26142514 | Listing updated on 2026-10-21
Photo 4 of Sale Pending at 44618 State Hwy 74, Hemet, CA 92544 | MLS# SW26142514 | Listing updated on 2026-10-21
32+
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Listed by: Matt McPherson (951) 315-7914 DRE #01362837 | Coleman and Associates (760) 403-3320

$599,000

Monthly Est:$2,981

  • Beds Icon4 Beds
  • Beds Icon
    -- Bath
  • Beds Icon1,800sqft

44618 State Hwy 74, Hemet, CA 92544

$2,981/moEst:

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  • Mixed Use

  • Built in 1956

  • $-- HOA

  • 34,848 sqft lot

  • $333/sq.ft

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 can go FHA. Seller is selling the property as is.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: October 21, 2026 at 11:14 pm
  • Source: California Regional MLS-CA | MLS#: SW26142514 California Regional MLS-CA

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Riverside County

  • City

    Hemet

  • Neighborhood

    --

  • Year Built

    1956

  • HOA Fees

    -

  • Finished Area

    1,800 sqft

  • Lot Size

    34,848 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    SW26142514

  • MLS Status

    Pending

  • Days on Market

    122

  • Cumulative Days on Market

    35

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathroom: --

Interior

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Heating

    Central

Utilities & Energy

  • Fireplace Features

    None

  • Water Source

    Public

  • Laundry Features

    Common Area

  • Pool Features

    None

  • Utilities

    Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Other Features

  • Community Features

    Biking, Foothills, Rural, Valley

  • Lot Features

    Two To Five Units Acre, Landscaped, Rectangular Lot, Street Level, Value In Land

Price History

DateEventPrice

10/01/2026

Source: mls_logoCalifornia Regional MLS-CA #SW26089862

Pending

$599,000

$333/sqft

08/02/2026

Source: mls_logoCalifornia Regional MLS-CA #SW26142514

Contingent (Active Under Contract)

$599,000

$333/sqft

08/02/2026

Source: mls_logoCalifornia Regional MLS-CA #SW26142514

Sold

$599,000

$333/sqft

08/02/2026

Source: mls_logoCalifornia Regional MLS-CA #SW26089862

Listed for Sale

$599,000 -4.16%

$333/sqft

06/15/2026

Source: mls_logoCalifornia Regional MLS-CA #SW26089862

Price Decreased

$625,000 -10.59%

$347/sqft

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Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 31, 2026, 03:00PM 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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