43763 State Highway 74, Hemet, California 92544, Hemet, 92544 - 0 bed, 0 bath
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Hemet, California 92544
Analysis of 43763 State Highway 74, Hemet, California 92544 is currently available with a list price of $1,600,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950 (>70 years old) with no evidence of major renovations to kitchens, baths, or systems. The structures show significant deferred maintenance, weathered exteriors, and the listing's focus on 'future development potential' and 'land value' indicates the buildings are nearing the end of their functional life and require comprehensive rehab.
The portfolio features a unique mix of commercial, residential, and container rentals, providing multiple robust revenue sources and mitigating vacancy risks across different sectors.
With five separate APNs and two vacant lots included, the property offers significant upside for expansion, additional units, or strategic parcel sales to maximize ROI.
This expansive 1.6-acre site on State Highway 74 combines commercial and residential zoning, offering high visibility and versatile investment utility that is rarely available in a single acquisition.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =71004, other record lot size in square feet = 28749. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4827, other record living area = 2028.
Originally constructed in 1950, the multiple structures may require substantial capital expenditure for modernizing systems and addressing potential deferred maintenance.
Overseeing a complex mix of residential tenants, a commercial business, and multiple parcels demands more intensive property management and administrative oversight than a standard investment.
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.
No exterior & parking available.
No sensitive facilities data found.
Jun 18, 2026
$1,600,000
Initial Listing