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About This Home
This 9-bedroom, 6-bathroom residential multi family at 43763 State Highway 74 in Hemet, CA is listed for $1,600,000 ($331 per sqft). Built in 1950, the home offers 4,827 sqft of living space on a 1.63 acres lot.
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, four residential homes, and one apartment unit, 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.
Key Features
- Built in 1950
- 1.63 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$8,557/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
43763 State Highway 74
Hemet, CA 92544
Features & Amenities
Exterior Features
Property Details
Heating
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 43763 State Highway 74 is listed at $1,600,000 ($331/sqft). The estimated monthly payment is $6,933 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 1.63 acre lot, 4 parking spaces. Exterior Features: Community Features Included: Rural, 6-10 Units/Acre.
This property is listed by Morgan Mennell and can be reached at 7604485600 or morgan@mennell.com.