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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 845,000

Est. payment -/mo

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928 Monarch ST Hemet, CA 92543

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25061306

HOA Y/N No

Year Built 1980

Lot Size 0.260 Acres

Property Sub-Type Quadruplex

Property Description

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.

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)

Inclusions Tenants owned property including appliances

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, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Special Listing Condition Standard

Listed by Tiffany Leaverton • Exp Realty of California Inc • 951-816-0848

Nicole Darwin

Advisor

+1(707) 330-4357

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