43763 State Highway 74, Hemet, CA 92544
- $1,600,000
- List Price
- $1,600,000
- Status
- ACTIVE
- MLS#
- SW26133179
- Year Built
- 1950
- Lot Size
- 71,004
- Acres
- 1.63
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 41
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- One Level
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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Garage Spaces Total
- 4
- Sewer
- Septic Tank
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $133,380
- Operating Expense
- 26195
Listing courtesy of Listing Agent: Morgan Mennell (morgan@mennell.com) from Listing Office: Allison James Estates & Homes.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.