962 Monarch Hemet, CA $ 948,000
962 Monarch
$ 948,000
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962 Monarch

Hemet, CA, 92543
$ 948,000
Bedrooms9 Baths8.0 Sq 4,138

Monthly Estimate*

$ 5,986

Listed by Exit Alliance Realty
962 Monarch, Hemet, CA 92543 - Image 1
962 Monarch, Hemet, CA 92543 - Image 2
962 Monarch, Hemet, CA 92543 - Image 3
962 Monarch, Hemet, CA 92543 - Image 4
962 Monarch, Hemet, CA 92543 - Image 5
962 Monarch, Hemet, CA 92543 - Image 6
962 Monarch, Hemet, CA 92543 - Image 7

Multi-Family Home for sale in Hemet, CA

for $948,000 with 9 bedrooms and 8 full baths. This 4,138 square foot home was built in 1980 on a lot size of 0.26.

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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Multi-Family Active

Price

$ 948,000

Bedrooms

9

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.26

Year Built

1980

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26110285

Days on Market

68

Features
General
Living Area 4138
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected SewerConnected WaterConnected
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1980
View CityLights
Stories Count 1
Levels One
Property Subtype Quadruplex
Community Features Biking Curbs StormDrains StreetLights Sidewalks
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 8
Special Listing Conditions Standard
Status ActiveUnderContract
Directions FROM 79 HWY Turn R Domenigoni Pkwy. L State St. R onto E Johnston R onto Monarch.
City Hemet
Entry Location Main Level
Senior Community Y/N false
High School District Hemet Unified
Number Of Units Total 4
MLS Area SRCAR - Southwest Riverside County
Lot Size Units SquareFeet
Lot Size Square Feet 11326
Listing Terms Cash CashToExistingLoan CashToNewLoan Contract Submit
Property Attached Y/N false
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Quadruplex
Living Area Units SquareFeet
Standard Status ActiveUnderContract
Occupancy Type Tenant
Year Built Source PublicRecords
Tax Lot 13
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities AllBedroomsDown
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside
Total Bedrooms 9
Entry Level 1
Main Level Bedrooms 9
Main Level Bathrooms 8
Total Baths 8
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Exterior
Parking Features DirectAccess Garage OnStreet
Lot Features TwoToFiveUnitsAcre BackYard DesertFront Landscaped StreetLevel
Water Source Public
Total Parking 4
Lot Size Area 11326
Lot Size Acres 0.26
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Exit Alliance Realty

Broker

CyndiMitchellproperties@gmail.com

Email

Affordability Calculator

$5,986
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Monthly Principal & Interest
$5,986
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2026$948,000 -5.01% Price Down
5/20/2026$998,000 Listed Price

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962 Monarch, Hemet, CA, 92543 is a Multi-Family Home for sale at $948,000 with 4,138 sqft and a lot size of 0.26. 962 Monarch has 9 bedrooms, 8.0 baths, and was built in 1980. The property's zip code is 92543 which is in Hemet, CA