962 Monarch, Hemet, CA 92543
- $948,000
- 9
- BD
- 8
- BA
- 4,138
- SqFt
- List Price
- $948,000
- Price Change
- ▼ $50,000 1780362676
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- SW26110285
- Year Built
- 1980
- Bedrooms
- 9
- Bathrooms
- 8
- Living Sq. Ft
- 4,138
- Lot Size
- 11,326
- Acres
- 0.26
- Lot Location
- 2-5 Units/Acre, Back Yard, Desert Front, Landscaped, Street Level
- Days on Market
- 67
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property 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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- School District
- Hemet Unified
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Cynthia Mitchell (CyndiMitchellproperties@gmail.com) from Listing Office: Exit Alliance Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.