962 Monarch, Hemet, CA 92543
Riverside County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Quadruplex
Structure Type
Quadruplex
Year Built
1980
Stories
1
Living Area
4,138 sq ft
Lot Size
0.26 acres
Garage Spaces
4
Parking Spaces
4
Days on Market
49
MLS® Listing#
SW26110285
Property Features
Cooling
Heating
Flooring
Fireplace
Pool
Parking
Laundry
Lot Features
Community
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
446320062
Directions
FROM 79 HWY, Turn R Domenigoni Pkwy., L State St., R onto E Johnston, R onto Monarch.
Affordability Calculator
$189,600
Estimated monthly payment
$5,046/mo
Principal $758,400 · Est. interest $1,058,035 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hemet, CA
- $429,064
- Median Listing Price
- 58
- Median Days on Market
- 1,576
- Median Sq Ft
- $251
- Median Price / Sq Ft
- 451
- Active Listings
- This home’s price is 121% above the area median.
- Its price per sq ft is 9% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hemet, CA.
Location
Points of Interest in Hemet, CA
Showing the Hemet area map.
Nearby Schools
Whittier Elementary School
Elementary · 0.6 mi away
Crosspoint Academy
School · 0.7 mi away
DP Christian School
Secondary · 0.7 mi away
Diamond Valley Middle School
Secondary · 0.9 mi away
Acacia Middle School
Secondary · 0.9 mi away
Baptist Christian School
School · 0.9 mi away
Hemet Elementary School
Elementary · 0.9 mi away
MC Sweeny Elementary School
Elementary · 1.0 mi away
Hemet Quest - River Springs Charter School
Elementary · 1.1 mi away
Ramona Elementary School
Elementary · 1.2 mi away
St John's School
Elementary · 1.3 mi away
Springs Charter Schools
Elementary · 1.3 mi away
Alessandro High School
Secondary · 1.3 mi away
Hemet Adult School
Elementary · 1.3 mi away
Jacob Wiens Elementary
Elementary · 1.5 mi away
Hemet Unified School District
Secondary · 1.6 mi away
Jacob Wiens Elementary School
Elementary · 1.7 mi away
College Preparatory High School
School · 1.7 mi away
Dartmouth Middle School
Secondary · 1.8 mi away
Hemet High School
Secondary · 1.8 mi away
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EXIT Agents in Hemet
Listing Courtesy: Exit Alliance Realty - 951-837-9556
Licensed in the state of California.