T
Seller's Agent in 2025
Tiffany Leaverton
Exp Realty of California Inc
(951) 816-0848
58 Total Sales
8
Beds
8
Baths
4,026
Sq Ft
0.26
Acres
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- 8 Car Direct Access Garage
- Laundry Room
- 1-Story Property
About This Home
As of June 2025928 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.
Last Agent to Sell the Property
Exp Realty of California Inc Brokerage Phone: 951-816-0848 License #01971568 Listed on: 03/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 8 Car Direct Access Garage
- Parking Available
- Garage Door Opener
- Driveway
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,026 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 11
- Tax Tract Number 9924
- Assessor Parcel Number 446320060
- $148 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $6,000
- Trash Expense $1,440
- Water Sewer Expense $5,100
- Operating Expense $13,740
- Net Operating Income $46,692
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2025
Closed on
May 31, 2025
Sold by
Conneally John F and Conneally Norma
Bought by
Peck Isaac
Seller's Agent
Tiffany Leaverton
Exp Realty of California Inc
Buyer's Agent
ADRENA EDMONDS
ALLSTARS REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,744
Avg. Annual Appreciation
-4.71%
Original Mortgage
$539,000
Outstanding Balance
$537,616
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$215,640
Purchase Details
Listed on
May 5, 2014
Closed on
Jul 8, 2014
Sold by
Huang Qing and Zhang Xian Jie
Bought by
Conneally John F and Conneally Norma
Seller's Agent
GRAHAM HOLMES
Homesmart Realty
Buyer's Agent
Kevin Andrews
Andrews & Solomon Realty and Investment
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$221,250
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 19, 2012
Sold by
Huang Qing and Zhang Xianjie
Bought by
Huang Qing and Zhang Xianjie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
2.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 18, 2006
Sold by
Velasquez Richard
Bought by
Velasquez Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 27, 2006
Sold by
Velasquez Richard
Bought by
Velasquez Richard
Purchase Details
Closed on
Oct 8, 2004
Sold by
Aistars Ellen and Aistars Arnis
Bought by
Velasquez Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 9, 2004
Sold by
Oates Walter L and Oates Nancy B
Bought by
Aistars Arnis and Aistars Ellen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,400
Interest Rate
5.85%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $775,000 | Stewart Title Of California | |
| Grant Deed | $300,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Wfg Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $569,000 | Chicago Title | |
| Grant Deed | $365,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $539,000 | New Conventional | |
| Previous Owner | $221,250 | Commercial | |
| Previous Owner | $173,000 | Commercial | |
| Previous Owner | $116,250 | Credit Line Revolving | |
| Previous Owner | $423,750 | Purchase Money Mortgage | |
| Previous Owner | $328,400 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $775,000 | +3.3% | $192 / Sq Ft | |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- | |
| 04/29/2025 04/29/25 | For Sale | $750,000 | 0.0% | $186 / Sq Ft | |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- | |
| 04/19/2025 04/19/25 | Price Changed | $750,000 | -11.2% | $186 / Sq Ft | |
| 03/20/2025 03/20/25 | For Sale | $845,000 | +172.6% | $210 / Sq Ft | |
| 08/21/2014 08/21/14 | Sold | $310,000 | -2.8% | $77 / Sq Ft | View Prior Sale |
| 06/09/2014 06/09/14 | Pending | -- | -- | -- | |
| 05/05/2014 05/05/14 | For Sale | $319,000 | +37.5% | $79 / Sq Ft | |
| 04/30/2012 04/30/12 | Sold | $232,000 | -6.8% | $46 / Sq Ft | View Prior Sale |
| 01/19/2012 01/19/12 | Pending | -- | -- | -- | |
| 11/08/2011 11/08/11 | For Sale | $249,000 | -- | $50 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,141 | $360,544 | $84,123 | $276,421 |
| 2023 | $4,141 | $346,545 | $80,857 | $265,688 |
| 2022 | $4,013 | $339,751 | $79,272 | $260,479 |
| 2021 | $3,949 | $333,090 | $77,718 | $255,372 |
| 2020 | $3,914 | $329,676 | $76,922 | $252,754 |
| 2019 | $3,830 | $323,213 | $75,414 | $247,799 |
| 2018 | $3,714 | $316,877 | $73,937 | $242,940 |
| 2017 | $3,671 | $310,665 | $72,488 | $238,177 |
| 2016 | $3,645 | $304,574 | $71,067 | $233,507 |
| 2015 | $3,635 | $300,000 | $70,000 | $230,000 |
| 2014 | $2,933 | $245,911 | $40,985 | $204,926 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Leaverton
-
ADRENA EDMONDS
A
Buyer's Agent in 2025
ADRENA EDMONDS
ALLSTARS REALTY
(909) 602-2131
5 Total Sales
-
GRAHAM HOLMES
Seller's Agent in 2014
GRAHAM HOLMES
Homesmart Realty
(951) 634-4118
15 Total Sales
-
D
Seller Co-Listing Agent in 2014
DARCI FLEMING
REVIRON REALTY
-
K
Buyer's Agent in 2014
Kevin Andrews
Andrews & Solomon Realty and Investment
-
Rosalinda Hernandez
Seller's Agent in 2012
Rosalinda Hernandez
Rosalinda Hernandez, Broker
(949) 661-7300
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25061306
APN: 446-320-060
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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