Stacey Alysson Melman

962 Monarch Hemet CA 92543 MLS #SW26090634

962 Monarch
Hemet, CA, 92543
$998,000
Beds
0 Baths
0 SqFt
0.26 Acres
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MLS #SW26090634 image #0
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.
AGENT: Cynthia Mitchell
LISTING BROKERAGE: Exit Alliance Realty
962 Monarch
Hemet, CA

Property Details

Price:
$998,000
MLS #:
SW26090634
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
srcarsouthwestriversidecounty
Listed Date:
Apr 29, 2026
Total Sq Ft:
4,138
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1980
Srcar – Southwest Riverside CountySrcarsouthwestriversidecounty
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Schools

Interior

Flooring
TILE
Heating
CF
Laundry Features
IN
Levels
A

Exterior

Common Walls
NCW
Community Features
SDW, STM, SL, CRB, BIKI
Garage Spaces
4
Parking Spots
4
Parking Total
4

Financial

Gross Operating Income
$82,200
Net Operating Income
$64,201

Map

Community

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