$1,995,000

43611 State Highway 74 Hemet, CA 92544

Valle Vista Area

Estimated payment $12,674/month

Total Views 649
-- Beds
-- Baths
8,876 Sq Ft
$225 Price per Sq Ft

About This Home

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.

Listing Agent

Oscar Diaz

Marcus & Millichap License #02022902 Listed on: 09/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 13,504 Sq Ft Lot
  • Lot Dimensions are 95x183

Interior Spaces

  • 8,876 Sq Ft Home
  • 2-Story Property

Parking

  • 24 Parking Spaces
  • Carport

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 549-110-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8876
  • Lot Acreage: 0.3100
  • Lot Dimensions: 95x183
  • Stories: 2
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 224.76

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Covered Parking
  • Total Parking: 24

Lot Info

  • Assessed Improvement Percent: 65.00
  • Assessed Improvement Value: 853041
  • Assessed Land Percent: 35
  • Assessed Land Value: 459329
  • Total Assessed Value: 1312370
  • Assessor Parcel Number: 549-110-004
  • Lot Size Area: 13504

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.23
  • Number Of Units: 10
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,914 $1,338,616 $468,515 $870,101
2025 $15,438 $1,312,370 $459,329 $853,041
2023 $15,438 $1,261,411 $441,494 $819,917
2022 $14,218 $1,236,679 $432,838 $803,841
2021 $13,981 $1,212,431 $424,351 $788,080
2020 $7,797 $672,529 $97,514 $575,015
2019 $7,627 $659,343 $95,602 $563,741
2018 $7,390 $646,416 $93,728 $552,688
2017 $7,302 $633,742 $91,891 $541,851
2016 $7,248 $621,317 $90,090 $531,227
2015 $7,227 $611,987 $88,738 $523,249
2014 $9,134 $798,833 $101,703 $697,130
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 For Sale $1,995,000 -- $225 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,200,000 First American Title Ins Co
Grant Deed $600,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- North American Title Company
Grant Deed $875,000 Multiple
Individual Deed $675,000 First American Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Grant Deed -- Orange Coast Title
Grant Deed $230,000 --
Trustee Deed $290,444 Chicago Title Company
Grant Deed $50,000 Quality Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Closed $720,000 Commercial
Previous Owner $488,000 Commercial
Previous Owner $315,000 Commercial
Previous Owner $350,000 Commercial
Previous Owner $275,000 Seller Take Back
Previous Owner $250,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26931871

The MLS

APN: 549-110-004

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