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.
Property Type(s):
Condo/Townhouse/Co-Op
|
Last Updated
|
6/1/2026
|
Year Built
|
1980
|
|
Garage Spaces
|
4.0
|
County
|
Riverside
|
Price History
|
Prior to Jun 1, '26
|
$998,000 |
| Jun 1, '26 - Today |
$948,000 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| GARAGE |
Yes |
| HEAT |
Forced Air |
| LOT |
0.26 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Electricity Available, Electricity Connected, Sewer Connected, Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| WATER |
Public |
Listed with Exit Alliance Realty
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Properties on this website was last updated as recently as 6/1/26 6:09 PM PDT.
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