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
Courtesy of Exit Alliance Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address962 Monarch Hemet CA
- CityHemet
- CountyRiverside
- Zip Code92543
