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43763 State Highway 74
Hemet CA 92544 US

$1,600,000

Active Listing ID SW26133179
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9 bed
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6.00 Bath (5 Full)
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Lot: 71,004.00 Square Feet
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Other

$1,600,000

Active Listing ID SW26133179
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43763 State Highway 74 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, four residential homes, and one apartment unit, 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.

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Property Features

  • Facts
  • Lot Size: 71,004.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • 1/4 Bathrooms: 1
  • Exterior Finish: Community Features Included: Rural, 6-10 Units/Acre
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 43763 State Highway 74
  • postalcity: Hemet
  • stateorprovince: CA
  • country: US
  • postalcode: 92544
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 1
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.63002754820937
  • lotsizeunits: Square Feet
  • lotsizearea: 71004
  • livingarea: 4827
  • livingareaunits: Square Feet
  • listagentfullname: Morgan Mennell
  • listagentemail: morgan@mennell.com
  • listagentkey: 3yd-MRMLSCA-SWMENNMOR
  • listagentmlsid: SWMENNMOR
  • listagentpreferredphone: 7604485600
  • listagentofficephone: 7604485600
  • listofficekey: 3yd-MRMLSCA-KNM301
  • listagentstatelicense: 01503949
  • listofficemlsid: KNM301
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1950
  • listingcontractdate: 2026-06-18
  • countyorparish: Riverside
  • parcelnumber: 549161038
  • heating: Central
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Rural, 6-10 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Allison James Homes & Estates", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads@ajicorporate.com", "ListBrokerageCity":"Carlsbad", "ListBrokerageCountry":"US", "ListBrokerageEmail":"riversidebroker@ajicorporate.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Allison James Homes & Estates", "ListBrokeragePhone":"760-448-5600", "ListBrokeragePostalCode":"92010", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2888 Loker Avenue East #206", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"41593 Winchester Rd", "ListOfficeAddress2":"Suite 200", "ListOfficeBrokerMlsId":"TBEESMIC", "ListOfficeCity":"Temecula", "ListOfficeCountry":"US", "ListOfficeEmail":"socalbroker@ajicorporate.com", "ListOfficePostalCode":"92590", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial/Residential - Hemet, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/43763-State-Highway-74_Hemet_CA_92544_M93007-21859?f=listhub&s=MRMLSCA&m=SW26133179&c=rexren", "MLSModificationTimestamp":"2026-06-18T19:17:48Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial/Residential", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/22/2026 9:35:42 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Morgan Mennell, Allison James Estates & Homes, morgan@mennell.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.