This is the one you have been waiting for! 928 Monarch Street is a 4-Plex with a total of 8 beds/8baths/8 car garages, featuring a nice layout of A/B/C/D units with each having a 2 car attached garage. Unit A has the picket fenced yard in front and direct access to the garage. Units B/C are mirrors of each other with nice open kitchens and private fenced patios. End Unit D is 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 installed in 2024, interiors painted and new water heater, two units also received new flooring. 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.
Property Details
Price:
$750,000
MLS #:
TR25061306
Status:
Active
Baths:
0
Address:
928 Monarch Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
srcarsouthwestriversidecounty
City:
Hemet
Listed Date:
Mar 20, 2025
State:
CA
ZIP:
92543
Lot Size:
11,326 sqft / 0.26 acres (approx)
Year Built:
1980
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Schools
Interior
Cooling
Central Air, See Remarks, Wall/ Window Unit(s)
Heating
Central
Exterior
Community Features
Sidewalks, Street Lights, Suburban
Garage Spaces
8.00
Lot Features
2-5 Units/ Acre
Parking Features
Direct Garage Access, Driveway, Garage, Garage Door Opener
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Map
Community
- Address928 Monarch Street Hemet CA
- AreaSRCAR – Southwest Riverside County
- CityHemet
- CountyRiverside
- Zip Code92543
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928 Monarch Street
Hemet, CA
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