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Millman Team Real Estate

$1,600,000
1.63 Acre Lot

43763 State Highway 74, Hemet, California 92544

  • Residential Income Property Type
  • 1950 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
SW26133179
$1,600,000
1950
1.63 Acre
Active
1
Mixed Use
Features
: None
: Central
: Washer Hookup
: Septic Tank
$0
Address Map
CA
Riverside
Hemet
92544
State Highway 74
43763
W117° 6' 8.9''
N33° 44' 51''
Highway 74 and Ramona Express Way
SRCAR - Southwest Riverside County
Additional Information
$0
$0
$0
$0
$0
4827
: Rural
1
4.0
: One
: 6-10 Units/Acre
6
2026-06-18
1
1
: Public
Broker/Agent Information
Allison James Estates & Homes
Morgan Mennell
Listing Information
Zachary Mennell
SWMENNZAC
KNM301
Allison James Estates & Homes
SWMENNMOR
KNM301
Cash, Conventional
Active
2026-06-18T22:00:50Z
CRMLS
: Standard, Trust
2026-06-18T12:17:48Z
Agent info
Ray Millman
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