43611 State Highway 74
Hemet, CA, 92544
$1,995,000
Beds
0 Baths
8,876 SqFt
0.31 Acres
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MLS #26931871 image #0
Ridgeview Apartments, a 10-unit apartment property located at 43611 Florida Avenue in Hemet, California. The property includes seven two-bedroom / two-bath units and three one-bedroom / one-bath units. Built in 1968, Ridgeview Apartments has approximately 8,250 rentable square feet and sits on a 0.31-acre lot. Residents have access to a swimming pool, gated entry, on-site laundry and 24 parking spaces, including 14 covered spaces. Units include central air and heat, individual water heaters, dishwashers, garbage disposals and dual-pane windows. Gas and electricity are separately metered, while the owner pays for water, sewer and trash. Ridgeview Apartments is located along Florida Avenue, one of Hemet’s main commercial corridors. The surrounding area gives residents convenient access to shopping, restaurants, schools, healthcare and other everyday services. Hemet is located in the San Jacinto Valley in Riverside County and remains one of the more affordable housing markets in Southern California. The local economy is supported by healthcare, education, retail and government employment, while nearby communities including Menifee, Murrieta and Temecula provide additional jobs and services. Ridgeview Apartments is well positioned within a Hemet market that continues to benefit from relative affordability, a broad base of local employment and access to nearby cities such as Menifee, Murrieta and Temecula. With housing costs across Southern California remaining elevated, Hemet continues to attract renters looking for more attainable housing without leaving the Inland Empire. That combination should continue to support demand for well-located apartment properties like Ridgeview.

Property Details

Price:
$1,995,000
MLS #:
26931871
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Sep 1, 2026
Finished Sq Ft:
8,876
Total Sq Ft:
8,876
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1964
Srcar – Southwest Riverside CountySrcarsouthwestriversidecounty

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Schools

Interior

Levels
U

Exterior

Parking Spots
24
Parking Total
24

Financial

Gross Operating Income
$177,600
Net Operating Income
$111,446

Map

Community

Market Summary

Current real estate data for Single Family in Hemet as of Sep 06, 2026
755
Single Family Listed
89
Avg DOM
203
Avg $ / SqFt
$327,698
Avg List Price

Property Summary

    43611 State Highway 74 Hemet CA is a Single Family for sale in Hemet, CA, 92544. It is listed for $1,995,000 and features 0 beds, 0 baths, and has approximately 8,876 square feet of living space, and was originally constructed in 1964. The current price per square foot is $225. The average price per square foot for Single Family listings in Hemet is $203. The average listing price for Single Family in Hemet is $327,698.

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