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Active 0 days on market

962 Monarch

Hemet, CA 92543

$998,000

962 Monarch
962 Monarch photo 2
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9Beds
8Baths
4,138Sq Ft
0.26Acres
1980Built
4Garage

About This Home

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 Details

Property TypeQuadruplex
Year Built1980
Living Area4,138 sq ft
Lot Size0.26 acres
Bedrooms9
Bathrooms8 full
Garage Spaces4
Parking Total4
HeatingCentral
CoolingCentralAir
PoolNo
MLS #1169139955
Days on Market0 days

Location

Listed by

Cynthia Mitchell

Exit Alliance Realty

MLS# SWMITCCYN

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.