Active

962 Monarch

Hemet, CA 92543

$948,000 $3,996/Mo

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Overview

Bed

Bath

4,138

Sqft

11,326

Sqft(Lot)

Description

Welcome to 962 Monarch in Hemet! A 4-Plex with a total of 9 bedrooms & 8 bathrooms featuring a nice layout of A/B/C/D units with each having a 2 car attached garage. Unit A has a 3rd bedroom and direct access to the garage. Units B/C are mirrors of each other with 2 bedrooms and 2 bathrooms, nice open kitchens and private fenced patios. End Unit D is 2 bedroom & 2 bathrooms also known as the "Owners Unit" and features a fireplace, private fenced yard, small courtyard and direct access garage. With all the units offering outside space, garages and private access this is an investors dream with great cash flow opportunities. Each unit has its own electric and gas meters, laundry space inside with gas/water hookups. Two brand new kitchens were recently installed. Located in a central location of Hemet close to schools and highway access, and offering a low overall cost of ownership this property has a great potential return for investors. Updated quadruplex offering strong investment potential. The property offers a functional layout with well-designed living spaces. Owners have recently painted exterior, and maintained landscaping. With the recent renovations and desert-like landscaping, this is a rare opportunity to own a low maintenance income property in a growing Hemet market. This Quadruplex offers a compelling combination of immediate income, low maintenance and future appreciation. All units are currently under lease.

Property Details

Property Type : Residential Income

Price : $948,000

AD Id : 77818407

MLS Id : SW26090634

Beds : 9

Lot Size : 11,326 Sqft

Living Area Size : 4,138

Year Built : 1980

Garage : 4

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Interior Features: All Bedrooms Down Flooring: Tile
Heating Source

Central Has Heating

Building Information

Year Built: 1980 Building Area Total: 4,138
Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.26
Lot Size Source: Assessor Lot Size Square Feet: 11326

Listing Price Information

Original List Price: 948,000 Listing Contract Date: 2026-04-29
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 446320062

Garage and Parking

Garage Description: Direct Access,Garage,On Street

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: SRCAR - Southwest Riverside County Directions: FROM 79 HWY, Turn R Domenigoni Pkwy., L State St., R onto E Johnston, R onto Monarch. Source Property Type: Residential Income Area: SRCAR - Southwest Riverside County Property SubType: Quadruplex
Building and Construction

Property Age: 46 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: Main Level Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
410 N San Jacinto Street, Hemet, CA, 92543	$399,000	1	1	1,100	1,100 SqFt
470 W Kimball, Hemet, CA, 92543	$515,000	4	2	1,384	1,384 SqFt
470 W Kimball, Hemet, CA, 92543	$515,000	4	--	1,620	1,620 SqFt
Rosalia Ave, Hemet, CA, 92543	$514,999	--	--	--

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ByOwner last updated this listing 06/05/2026 @ 09:29

MLS: SW26090634 LISTED BY: Cynthia Mitchell, Exit Alliance Realty 951-639-8777 SOURCE: CRMLS