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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by Cynthia Mitchell • Exit Alliance Realty

$998,000

Est. payment - /mo

4,138 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,138 sqft

Price per Sqft $241

MLS Listing ID SW-26090634

Year Built 1980

Lot Size 0.260 Acres

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Riverside

Area Srcar-Southwest Riverside County

Interior

Heating Central

Flooring Tile

Laundry Inside

Exterior

Parking Features Street, Direct Garage Access

Garage Spaces 4.0

Pool None

Community Features Biking, Curbs, Sidewalks, Storm Drains, Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected

Building

Lot Description Desert Front, Landscaped, Level with Street, Lot 10000-19999 Sqft, 2-5 Units/Acre, Back Yard

Sewer Public Sewer

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

962 Monarch Hemet, CA 92543

John R Thompson

Key Details

Location

Interior

Exterior

Building

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962 Monarch