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$998,000
10 Days On Site

962 Monarch
Hemet, CA 92543

For Sale|Quadruplex|Active
9
Beds
8
Total Baths
8
Full Baths
4,138
SqFt
$241
/SqFt
1980
Built
County:
Riverside
Listed by Cynthia Mitchell of Exit Alliance Realty [email protected]

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962 Monarch962 Monarch962 Monarch962 Monarch
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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.

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Listing Snapshot
Price 
$998,000
Days On Site 
10 Days
Bedrooms 
9
Inside Area (SqFt) 
4,138 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1980
MLS® Number 
SW26110285
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.26
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
AttachedDirect AccessGarageOn Street
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Tile
Heating 
Central
Laundry Features 
Inside
Main Level Bedrooms 
9
Bedroom 
Laundry 
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Exterior Features
Lot Features 
Back YardDesert FrontLandscaped
Pool Features 
None
View 
City Lights
Waterview 
City Lights
Community Features
Building Access 
Main Level
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
CashContractSubmit
MLS Area 
SRCAR - Southwest Riverside County
School District 
Hemet Unified
Schools
School District
Hemet Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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