44618 California 74 - Specialty FOR SALE


Hemet, CA 92544- Outer San Jacinto
$625,000 USD
44618 California 74, Hemet, CA for Sale
$625,000 USD
Specialty - FOR SALE
1/1
null | 10.56% Cap Rate

44618 California 74
Hemet, CA 92544
Outer San Jacinto


HIGHLIGHTS

  • Mixed-use zoning allows residential and business adaptability on a high-traffic corridor.
  • Expansive fully fenced lot currently used for RV, trailer, and boat storage rentals.
  • Side alley access offers operational convenience and options for future development.
  • Attractive street presence with landscaped frontage along Highway 74.
  • Income-producing today, with strong potential for higher returns over time.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

10.56%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

CPS

APN/PARCEL ID

548-092-041

ASK ABOUT THIS PROPERTY

Matt McPhersonColeman & AssociatesMore Info

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Matt McPhersonColeman & AssociatesMore Info

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