33063 State Highway 74, Hemet, CA 92545
33063 State Highway 74, Hemet, CA 92545
Property Description
**Why settle for one home when you can have TWO?** Situated on an expansive 0.78-acre lot, this property offers two separate residences, income potential, and the flexibility to fit a variety of lifestyles! The main residence features 2 bedrooms and 2 bathrooms, while the second home is a manufactured home offering 3 bedrooms and 2 bathrooms. Both homes have been updated with fresh paint and newer flooring, making this an attractive opportunity for homeowners and investors alike. **Live in one and collect rental income from the other!** With current rental income of $1,900 per month, this property offers an opportunity to offset housing expenses while building equity. Perfect for multigenerational living, extended family, or those looking to expand their real estate investment portfolio. The generous three-quarter-acre lot offers plenty of outdoor space, flexibility, and room to spread out. Conveniently located along Highway 74, with access to nearby Highway 79 and I-215, connecting you to Hemet, Menifee, Perris, and surrounding communities. Enjoy access to shopping, restaurants, grocery stores, and everyday conveniences throughout the Hemet Valley. Whether you're looking for a primary residence with supplemental income or an investment property with an existing rental income stream, this property offers the best of both worlds. **Two homes, one large lot, and income already coming in!**
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Hemet · Single Family Residence
Listed 4.6% above the median closed sale of $559,000. Price per sqft ($312) is a 36% premium to closed comps ($230). Closed comps sold at 100% of list — strong seller's market. Expect a longer timeline — comps averaged 140 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 33099 Rustlers Road | Winchester | 2007 | 4 | 3 | 2,273 | 7,841 | $253 | $575,000 | 66 | 75 |
| 33143 Big Range Drive | Winchester | 2017 | 4 | 3 | 2,273 | 8,712 | $255 | $579,000 | 131 | 74 |
| 26968 Buffalo | Winchester | 2016 | 4 | 3 | 2,507 | 7,405 | $229 | $575,000 | 15 | 72 |
| 33745 Bethel Avenue | Hemet | 1964 | 4 | 3 | 2,745 | 9,583 | $200 | $550,000 | 45 | 70 |
| 32753 State Highway 74 | Hemet | 1940 | 4 | 2 | 1,482 | 180,338 | $371 | $550,000 | 495 | 70 |
| Total: 5 · Average | 4.0 | 2.8 | 2,256 | 42,775.8 | $261.6 | $565,800 | 150.4 | |||
| Median | 2,273 | $575,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26829 Rodeo Court | Winchester | 2017 | 08/06/2026 | 5 | 3 | 2,782 | 9,148 | $599,999 | $590,000 | $212 | 0.98 | 199 | 72 |
| 26833 Calico Court | Winchester | 2016 | 08/14/2026 | 6 | 3 | 2,782 | 8,712 | $525,000 | $542,000 | $195 | 1.03 | 230 | 70 |
| 26771 Round Up Street | Winchester | 2017 | 06/12/2026 | 4 | 2 | 2,315 | 18,731 | $575,000 | $590,000 | $255 | 1.03 | 35 | 69 |
| 26816 Calico Court | Winchester | 2007 | 01/06/2026 | 4 | 3 | 2,216 | 7,405 | $542,000 | $542,000 | $245 | 1.00 | 104 | 65 |
| 26812 Rodeo Court | Winchester | 2017 | 08/10/2026 | 4 | 2 | 2,315 | 7,405 | $570,000 | $559,000 | $241 | 0.98 | 132 | 57 |
| Total: 5 · Average | 4.6 | 2.6 | 2,482 | 10,280.2 | $564,600 | $564,600 | $229.6 | — | 140 | ||||
| Median | 2,315 | $559,000 | $559,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.