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Listed by Cynthia Mitchell, DRE #01971983 • Exit Alliance Realty
$948,000
Est. payment /mo
0.26 Acres Lot
Price Dropped by $50K
962 Monarch Hemet, CA 92543
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSW26090634
Year Built 1980
Lot Size 0.260 Acres
Property Sub-Type Fourplex
Source California Regional MLS
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central Forced Air
Laundry Other
Exterior
Parking Features Garage, Off-Street Parking
Garage Spaces 4.0
Pool None
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 446320062
Special Listing Condition Not Applicable
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