Skip to main content
Hemet, CA

$625,000

44618 State Highway 74, Hemet, CA
1956
Built
51
Days listed

About this home

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.

Facts & features

Interior
Heating
Central
Laundry
Inside
Exterior & lot
Lot size
0.8 acres (34,848 sq ft)
Year built
1956
Community
Area
SRCAR - Southwest Riverside County
County
Riverside
Listing details
Status
Active
Property type
Mixed Use
Days on market
51
Listed
2026-04-24
Original price
$699,000
Parcel #
548092041
MLS #
SW26089862
Listed by
Matt McPherson · Coleman and Associates

Location

Price history

Listed
$699,000 · 2026-04-24
Price reduced
$625,000 (−$74,000)
Days on market
51
Current price
$625,000
Financing

Could this home be yours?

Estimated monthly payment
$3,921
$3,160 principal & interest · $760 taxes & insurance
$125,000
Estimate only
Loan $500,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

Qualify for this home

Get pre-qualified with Your Agent and see your real rate and payment — no obligation.

Own a home?

What's your home worth?

Get a precise, agent-prepared valuation of your home — not an automated guess.

Get a free home valuation

Thinking of selling? Your Agent will prepare an accurate, no-obligation valuation and selling consultation.

Similar homes in Hemet

See all homes in Hemet

Listing data provided by CRMLS

Listing courtesy of Coleman and Associates. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

Thinking about a move? Your Agent can help — get tailored listings & honest advice.