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$699,000 Just Listed
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Property Description
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 $15,000 annually through RV, trailer, and boat storage rentals, with additional space offering potential to further increase revenue. 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.
Full Property Details
Full Property Details for 44618 State Hwy 74
General
- Price: $699,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: SW26089862
- Updated: 4/25/2026
- Added to Site: 1 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside
Location
- County: Riverside
- Driving Directions: Head east on Hwy 74 towards Idyllwild from Hemet. The property will be on the right (north) side of the highway.
Heating & Cooling
- Heating Type: Central
Structural Information
- Sprinklers: Yes
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1800
- Square Feet: 1,800
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.8
- Useable Acres: .8
- Lot Size (Sq. Ft.): 34,848
- Lot Size Source: Assessor
- Lot Features: Treed Lot, Level with Street, Landscaped, Rectangular Lot, Level, Near Public Transit, Front Yard, Garden, Walkstreet, Sprinkler System, Lot 20000-39999 Sqft, Yard, Value In Land
- Lot Description: Treed Lot, Level with Street, Landscaped, Rectangular Lot, Level, Near Public Transit, Front Yard, Garden, Walking Street, Sprinkler System, Lot 20000-39999 Sqft, Yard, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $388
Disclosures and Reports
- Property ID: 548092041
Listed by Coleman and Associates, MattMcPherson
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Schools
Schools serving 44618 State Hwy 74
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Valle Vista Elementary School, Hemet, CA 43900 Mayberry Avenue, Hemet, CA 92544 | K-5 | 0.8 mi |
Dartmouth Middle School 41535 Mayberry Avenue, Hemet, CA 92544 | 6-8 | 3.1 mi |
Hemet High School 41701 Stetson Avenue, Hemet, CA 92544 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 44618 State Hwy 74
Date
Details
Price
Change
Source
4/24/2026
Listed
$699,000
898.57%
MLS
7/31/1998
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 44618 State Hwy 74
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,262
—
$109,707
2%
2024
$1,262
1%
$107,556
2%
2023
$1,246
2%
$105,448
2%
2022
$1,222
2%
$103,381
2%
2021
$1,202
1%
$101,355
1%
2020
$1,192
2%
$100,317
2%
2019
$1,167
3%
$98,351
2%
2018
$1,131
1%
$96,423
2%
2017
$1,118
1%
$94,534
2%
2016
$1,110
—
$92,681
2%
2015
$1,107
5%
$91,290
2%
2014
$1,058
—
$89,504
—
2013
$1,058
—
$89,101
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 44618 State Hwy 74
44618 State Highway 74, Hemet, CA 92544 (MLS# SW26089862) is a Commercial property. 44618 State Highway 74 is currently listed for $699,000 and was received on April 24, 2026. Want to learn more about 44618 State Highway 74? Do you have questions about finding other Commercial real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

