Estimated payment $5,858/month
Highlights
- City Lights View
- 4 Car Direct Access Garage
- Tile Flooring
- No HOA
- Laundry Room
- Landscaped
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.
Listing Agent
Exit Alliance Realty Brokerage Phone: 951-837-9556 License #01971983 Listed on: 05/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 11,326 Sq Ft Lot
- Desert faces the front of the property
- No Common Walls
- Landscaped
- Level Lot
- Back Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Direct Access Garage
- On-Street Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,138 Sq Ft Home
- 1-Story Property
- Tile Flooring
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 9 Main Level Bedrooms
- 8 Full Bathrooms
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 9924
- Assessor Parcel Number 446320062
- $150 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,669 | $769,375 | $106,120 | $663,255 |
| 2023 | $8,669 | $739,500 | $102,000 | $637,500 |
| 2022 | $3,762 | $317,657 | $80,854 | $236,803 |
| 2021 | $3,702 | $311,429 | $79,269 | $232,160 |
| 2020 | $3,670 | $308,237 | $78,457 | $229,780 |
| 2019 | $3,592 | $302,194 | $76,919 | $225,275 |
| 2018 | $3,484 | $296,269 | $75,412 | $220,857 |
| 2017 | $3,444 | $290,461 | $73,934 | $216,527 |
| 2016 | $3,419 | $284,767 | $72,485 | $212,282 |
| 2015 | $3,409 | $280,493 | $71,398 | $209,095 |
| 2014 | $2,810 | $235,000 | $60,000 | $175,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/09/2026 06/09/26 | For Sale | $948,000 | 0.0% | $229 / Sq Ft |
| 06/07/2026 06/07/26 | Off Market | $948,000 | -- | -- |
| 06/01/2026 06/01/26 | Price Changed | $948,000 | -5.0% | $229 / Sq Ft |
| 05/20/2026 05/20/26 | For Sale | $998,000 | -- | $241 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $725,000 | Lawyers Title | |
| Grant Deed | $275,000 | Fidelity National Title Oran | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $390,000 | United Title Company | |
| Grant Deed | -- | -- | |
| Grant Deed | $195,000 | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $513,750 | New Conventional | |
| Previous Owner | $311,920 | Commercial | |
| Previous Owner | $175,500 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW26110285
APN: 446-320-062
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Ask me questions while you tour the home.