$948,000
$50K PRICE DROP

962 Monarch St Hemet, CA 92543

Estimated payment $5,858/month

Total Views 1,737
9 Beds
8 Baths
4,138 Sq Ft
$229 Price per Sq Ft

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

Cynthia Mitchell

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 446320062
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 4138.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full Bathrooms: 8
  • Total Bedrooms: 9
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 8
  • Main Level Bedrooms: 9
  • Price Per Square Foot: 229.10
  • Room Type: Laundry, All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking Features: Direct Garage Access, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Biking, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Landscaped, 2-5 Units/Acre, Desert Front, Lot 10000-19999 Sqft, Back Yard
  • Lot Size Sq Ft: 11326.00
  • Lot Size Acres: 0.2600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11326.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 9924
  • TaxOtherAnnualAssessmentAmount: 150.00

Map

Range of Values:

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Value Increase
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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
Source: Public Records

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
Source: California Regional Multiple Listing Service (CRMLS)

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
Source: Public Records

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: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW26110285

California Regional Multiple Listing Service (CRMLS)

APN: 446-320-062

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