$998,000

962 Monarch, Hemet, CA 92543

  • 9 beds |
  • 8 baths |
  • 4,138 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $241/sqft
  • Property List Date Icon Listed 28 minutes ago

Property 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.

Listing Status:
Active
Date Added:
April 30, 2026
Data Last Updated:
May 21, 2026 at 4:13AM
Listing Office:
Exit Alliance Realty : 951-639-8777
Listing Agent:
Cynthia Mitchell : 951-837-9556
MLS ID:
SW26110285
  • Flooring: Tile
  • A/C: Central Forced Air
  • Heating: Forced Air Unit
  • Fireplace: N/K
  • Pool: N/K
  • Parking: Direct Garage AccessParking spaces: 4
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Riverside
  • Zoning: 446320062
  • View: City Lights
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Cynthia Mitchell , Exit Alliance Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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