Bought with ADRENA COLE • ALLSTARS REALTY
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928 Monarch Street Hemet, CA 92543
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Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,026 sqft
Price per Sqft $192
MLS Listing ID CRTR25061306
Year Built 1980
Lot Size 0.260 Acres
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Riverside
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s), Other
Laundry Inside
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