Hemet, CA 92543 928 Monarch Street
$750,000
9 more
Presented By: Tiffany Leaverton with Exp Realty of California Inc; 951-816-0848
Beds • 8
Baths • 8
SQFT • 4,026
Garage • 8
Year Built • 1980
Home Details
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.
Presented By: Tiffany Leaverton with Exp Realty of California Inc; 951-816-0848
Interior Features for 928 Monarch Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 928 Monarch Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityHemet
Community FeaturesStreetLights, Suburban, Sidewalks
CoolingCentralAir, SeeRemarks, WallWindowUnits
CountyRiverside
DirectionsNot gated located directly off Monarch
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
ExclusionsTenants Property
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash
Lot Size Square Feet11326.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
Net Operating Income46692.0
New ConstructionNo
Number Of Units Total4
Operating Expense13740.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot11
Tenant PaysElectricity, Gas
Total Actual Rent60432.0
Trash Expense1440.0
Virtual TourClick here
Water Sewer Expense5100.0
Waterfront Y/NNo
Year Built1980
Year Built SourceAssessor
ZoningR3
Exterior for 928 Monarch Street
Building Area Total4026.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsTenants owned property including appliances
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.26
Lot Size Area11326.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDirectAccess, Driveway, Garage, GarageDoorOpener
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
