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.
Sold for $775,000
Listing Provided by: Exp Realty of California Inc
Bought with: ALLSTARS REALTY
$775,000
928 Monarch St, Hemet, CA 92543
8beds
8baths
4,026sqft
Quadruplex
Built in 1980
-- sqft lot
$776,400 Zestimate®
$192/sqft
$1,780 Estimated rent
Home value
$776,400
$699,000 - $862,000
$1,780/mo
Zestimate® history
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List your homeWhat's special
Picket fenced yardNew water heaterSmall courtyardNew flooringPrivate fenced patiosBrand new kitchensNice layout
Zillow last checked:
Listing updated:
Listing Provided by:
Tiffany Leaverton DRE #01971568 951-816-0848,
Exp Realty of California Inc,
Listing Team: Team RDP
Bought with:
ADRENA COLE, DRE #01108758
ALLSTARS REALTY
Source: CRMLS,MLS#: TR25061306
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air, See Remarks, Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- All Bedrooms Down
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,026
- Total interior livable area: 4,026 sqft
Property
Parking
- Total spaces: 8
- Parking features: Direct Access, Driveway, Garage, Garage Door Opener
- Garage spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 2-5 Units/Acre
Details
- Parcel number: 446320060
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Suburban, Sidewalks
Location
- Region: Hemet
HOA & financial
Other financial information
- Total actual rent: 60432
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2025 | Sold | $775,000+3.3%$192/sqft |
Source:  CRMLS #TR25061306 Report a problem | ||
| 5/29/2025 | Pending sale | $750,000$186/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 5/14/2025 | Contingent | $750,000$186/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 4/30/2025 | Listed for sale | $750,000$186/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 4/25/2025 | Pending sale | $750,000$186/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 4/19/2025 | Price change | $750,000-11.2%$186/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 3/20/2025 | Listed for sale | $845,000+181.7%$210/sqft |
Source: CRMLS #TR25061306 Report a problem | ||
| 8/14/2014 | Sold | $300,000-47.3%$75/sqft |
Source: Public Record Report a problem | ||
| 11/30/2004 | Sold | $569,000+55.9%$141/sqft |
Source: Public Record Report a problem | ||
| 2/18/2004 | Sold | $365,000$91/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,222 +2% | $360,544 +2% |
| 2024 | $4,141 +1.2% | $353,475 +2% |
| 2023 | $4,092 +2% | $346,545 +2% |
| 2022 | $4,013 +1.6% | $339,751 +2% |
| 2021 | $3,949 +0.9% | $333,090 +1% |
| 2020 | $3,914 +2.2% | $329,676 +2% |
| 2019 | $3,830 +3.1% | $323,213 +2% |
| 2018 | $3,714 +1.2% | $316,877 +2% |
| 2017 | $3,671 | $310,665 +2% |
| 2016 | $3,671 +1% | $304,574 +1.5% |
| 2015 | $3,635 +23.9% | $300,000 +22% |
| 2014 | $2,933 | $245,911 +0.5% |
| 2013 | -- | $244,800 +57.9% |
| 2012 | -- | $155,000 |
| 2011 | -- | $155,000 |
| 2010 | -- | $155,000 -38% |
| 2009 | -- | $250,000 -40.5% |
| 2008 | -- | $420,000 -29.1% |
| 2007 | -- | $591,987 +2% |
| 2006 | -- | $580,380 -1.8% |
| 2005 | -- | $591,000 +274.1% |
| 2003 | -- | $158,000 +17% |
| 2002 | -- | $135,000 |
| 2001 | $1,535 -3.3% | $135,000 -3.6% |
| 2000 | $1,587 | $140,000 |
Find assessor info on the county website
Neighborhood: 92543
Nearby schools
GreatSchools rating
- 4/10Hemet ElementaryGrades: K-5Distance: 0.9 mi
- 3/10Diamond Valley Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10West Valley High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$776,400
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$776,400
- California
- Riverside County
- Hemet
- 92543
- 928 Monarch St
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