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Executive Summary

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.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,600,000
Price Per Unit $320,000
Sale Type Investment
Cap Rate 6.30%
Gross Rent Multiplier 12
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Single-Family Home
Building Class C
Lot Size 1.68 AC
Building Size 7,000 SF
Average Occupancy 95%
No. Stories 1
Year Built/Renovated 1950/2026
Parking Ratio 4.4/1,000 SF
Zoning CP, Hemet

Amenities

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $1,200 -
2+1 1 $1,850 -
2+1 1 $1,850 -
2+1 1 $2,200 -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 549-110-011
  • 549-161-005
  • 549-161-038
  • 549-161-003
  • 549-161-002
Land Assessment
$326,849 (2026)
Improvements Assessment
$250,023 (2026)
Total Assessment
$576,872 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40987364

  • Date on Market: 6/19/2026

  • Last Updated:

  • Address: 43763-43789 State Highway 74, Hemet, CA 92544

Contact the Sale Advisor

43763-43789 State Highway 74

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