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928 Monarch ST Hemet, CA 92543
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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR25061306
Sold Date 06/05/25
HOA Y/N No
Year Built 1980
Lot Size 0.260 Acres
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R3
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air, See Remarks, Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Parking Features Direct Access, Driveway, Garage, Garage Door Opener
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Street Lights, Suburban, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 446320060
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with ADRENA COLE • ALLSTARS REALTY