Home | Riverside County | Hemet | 92544 | 44618 State Highway 74
MLS: CRSW26142514 | Status: Active | Price: $599,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 34,848 | 1956 |
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.
| Field | Value |
|---|---|
| MLS # | CRSW26142514 |
| MLS Source | California Regional MLS |
| Days on Site | 44 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Matt McPherson
Coleman and Associates
License #: 01362837
Phone: (951) 315-7914
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 2 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Valle Vista Elementary School | public | K-5 | 0.82 mi | 3 |
| Bautista Creek Elementary School | public | K-5 | 1.95 mi | 3 |
| Noli School | public | 6-12 | 2.18 mi | N/A |
| Little Lake Elementary School | public | K-5 | 2.68 mi | 3 |
| Dartmouth Middle School | public | 6-8 | 3.15 mi | 2 |
| Hemet High School | public | 9-12 | 3.24 mi | 6 |
| Ramona Elementary School | public | K-5 | 3.66 mi | 4 |
| Park Hill Elementary School | public | K-5 | 3.71 mi | 3 |
| North Mountain Middle School | public | 6-8 | 3.94 mi | 5 |
| Estudillo Elementary School | public | K-5 | 4.03 mi | 4 |
| Academy of Innovation | public | K-12 | 4.47 mi | 3 |
| Academy of Innovation K-8 | public | K-8 | 4.48 mi | N/A |
| Acacia Middle School | public | 6-8 | 4.49 mi | 2 |
| Edward Hyatt World Language Academy | public | K-8 | 4.55 mi | 5 |
| Jacob Wiens Elementary School | public | K-5 | 4.57 mi | 5 |
| Hemet Adult Education | public | UG | 4.66 mi | N/A |
| Alessandro High School | public | 9-12 | 4.66 mi | 2 |
| Hemet Elementary | public | K-5 | 4.68 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 575 Lauresa | $700,000 | – | – | – | Active |
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This listing information is up-to-date as of August 02, 2026. For the most current information, please contact Matt McPherson, (951) 315-7914.