Skip main navigation
Sold for $860,000
  • Listed by: Exit Alliance Realty • Cynthia Mitchell • Contact: 951-837-9556
    Bought with: Exit Alliance Realty
    $860,000

    962 Monarch St, Hemet, CA 92543

    9beds
    4,138sqft
    Quadruplex
    Built in 1980
    -- sqft lot
    $860,100 Zestimate®
    $208/sqft
    $2,200 Estimated rent

    Home value

    $860,100

    $791,000 - $938,000

    $2,200/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,200/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,200/mo

    Rent Zestimate®

    Refinance and save

    $5,519/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $5,519/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cynthia Mitchell DRE #01971983 951-837-9556,

    Exit Alliance Realty

    Bought with:

    Caitlyn Deritis, DRE #02032139

    Exit Alliance Realty

    Source: CRMLS,MLS#: SW26110285MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    • Full bathrooms: 8
    • Main level bathrooms: 8
    • Main level bedrooms: 9
    Rooms
    • Room types: Bedroom, Laundry
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Flooring: Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 4,138 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Garage, On Street
    • Attached garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main Level
    • Pool features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.26 Acres
    • Features: 2-5 Units/Acre, Back Yard, Desert Front, Landscaped, Street Level
    Details
    • Parcel number: 446320062
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Hemet

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $784,762
    • Date on market: 5/20/2026
    • Cumulative days on market: 66 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract,Submit

    Price history

    DateEventPrice
    8/17/2026Sold$860,000-9.3%$208/sqft
    Source: CRMLS #SW26110285 Report a problem
    8/13/2026Pending sale$948,000$229/sqft
    Source: CRMLS #SW26110285 Report a problem
    7/28/2026Contingent$948,000$229/sqft
    Source: CRMLS #SW26090634 Report a problem
    7/10/2026Listed for sale$948,000$229/sqft
    Source: CRMLS #SW26090634 Report a problem
    7/3/2026Contingent$948,000$229/sqft
    Source: CRMLS #SW26090634 Report a problem
    6/1/2026Price change$948,000-5%$229/sqft
    Source: EXIT Realty broker feed #SW26090634 Report a problem
    4/29/2026Listed for sale$998,000+37.7%$241/sqft
    Source: EXIT Realty broker feed #SW26090634 Report a problem
    2/15/2022Sold$725,000-3.2%$175/sqft
    Source: Public Record Report a problem
    1/19/2022Pending sale$749,000$181/sqft
    Source: CRMLS #PW21264878 Report a problem
    12/24/2021Contingent$749,000$181/sqft
    Source: CRMLS #PW21264878 Report a problem
    12/15/2021Listed for sale$749,000+172.4%$181/sqft
    Source: CRMLS #PW21264878 Report a problem
    2/13/2014Sold$275,000-29.5%$66/sqft
    Source: Public Record Report a problem
    10/9/2003Sold$390,000+100%$94/sqft
    Source: Public Record Report a problem
    2/13/2002Sold$195,000$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $784,762 +2%
    2025$8,840 +2%$769,375 +2%
    2024$8,669 +1.3%$754,290 +2%
    2023$8,559 +127.5%$739,500 +132.8%
    2022$3,762 +1.6%$317,657 +2%
    2021$3,702 +0.9%$311,429 +1%
    2020$3,670 +2.2%$308,237 +2%
    2019$3,592 +3.1%$302,194 +2%
    2018$3,484 +1.2%$296,269 +2%
    2017$3,444 $290,461 +2%
    2016$3,444 +1%$284,767 +1.5%
    2015$3,409 +21.3%$280,493 +19.4%
    2014$2,810 $235,000 +1.3%
    2013-- $232,000 -47.4%
    2012-- $441,339 +2%
    2011-- $432,686 +0.8%
    2010-- $429,455 -0.2%
    2009-- $430,477 +2%
    2008-- $422,037 +2%
    2007-- $413,763 +2%
    2006-- $405,651 +2%
    2005-- $397,698 +99.9%
    2003-- $198,900 +47.3%
    2002-- $135,000 +31.1%
    2001$1,211 +7%$102,980 +8.4%
    2000$1,132 $95,000
    Find assessor info on the county website

    Neighborhood: 92543

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $860,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $860,100