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About This Home

This 9-bedroom, 8-bathroom multi-family at 962 Monarch in Hemet, CA is listed for $948,000 ($229 per sqft). Built in 1980, the home offers 4,138 sqft of living space on a 0.26 acres lot.

Agent Description

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.

Key Features

  • Built in 1980
  • 0.26 acre lot
  • 4 parking spaces

Property Details

1 story
8 full
4 spaces
1980

Monthly Cost Estimate

$5,070/mo

20% down · 6.5% · 30 years

Principal$686
Interest$4,108
Insurance$277

Estimates only. Actual payments may vary.

Location

962 Monarch

Hemet, CA 92543

Features & Amenities

Exterior Features

Community Features Included: CurbsBikingStreet LightsStorm DrainsSidewalksLevel With StreetLandscaped2-5 Units/AcreDesert FrontLot 10000-19999 SqftBack Yard

Property Details

Flooring

Tile

Parking

Garage

Heating

Central

Questions & Answers

This 9-bedroom, 8-bathroom multi-family at 962 Monarch is listed at $948,000 ($229/sqft). The estimated monthly payment is $4,108 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 0.26 acre lot, 4 parking spaces. Exterior Features: Community Features Included: Curbs, Biking, Street Lights.

This property is listed by Cynthia Mitchell and can be reached at 9518379556 or CyndiMitchellproperties@gmail.com.

CM

Cynthia Mitchell

Agent at Exit Alliance Realty

(951) 837-9556

Listed by Exit Alliance Realty · View on Broker Site

MLS# SW26090634· Source: listhub· Updated 43 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

962 Monarch, Hemet, CA 92543

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