962 Monarch, Hemet, CA

$948,000

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9

Beds

8

Baths

0.26

Acres

About 962 Monarch

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.

Features of 962 Monarch

MLS® # SW26090634
Price $948,000
Bedrooms 9
Bathrooms 8.00
Acres 0.26
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 962 Monarch
Area RIV CTY-HEMET (92543)
City Hemet
County Riverside
State CA
Zip Code 92543

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed April 29th, 2026
Days on Market 89
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeExit Alliance Realty

Listing Map

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