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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.
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
Amenities
Monthly Cost Estimate
$5,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
962 Monarch
Hemet, CA 92543
Features & Amenities
Exterior Features
Property Details
Flooring
Views
Parking
Heating
Cooling
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.



