962 Monarch, Hemet, CA 92543

Listed by Cynthia Mitchell, from Exit Alliance Realty
(If provided) CoList: from

Sold listing courtesy of Caitlyn Deritis from

Sold Price
$860,000
List Price
$948,000
Closing Date
Aug 17, 2026
MLS#
CRSW26110285
Status
SOLD
Levels
One Story
Bedrooms
9
Total Bathrooms
8
Full Bathrooms
8
Lot Size
11,326
Listing Area
Srcar - Southwest Riverside County
Year Built
1980

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.

Additional Information

Acres
0.26
Bedroom Description
Ground Floor Bedroom
Cooling System
Central AC
Fireplace Description
None
Garage Parking
Garage, Off-Street Parking
Heating System
Central Forced Air
Laundry Facilities
Other
Levels
One Story
Lot Description
Grade - Level
Lot Size
11,326
Neighborhood
Srcar - Southwest Riverside County
Pool Description
None
Unincorporated Yn
Yes
View
View of City Lights

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