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.
For sale
Listed by: Exit Alliance Realty • Cynthia Mitchell • Contact: 951-639-8777
Price cut: $50K (6/1)
$948,000
962 Monarch St, Hemet, CA 92543
9beds
4,138sqft
Quadruplex
Built in 1980
-- sqft lot
$927,600 Zestimate®
$229/sqft
$-- HOA
What's special
- 41 days |
- 368 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Cynthia Mitchell DRE #01971983 951-837-9556,
Exit Alliance Realty
Source: CRMLS,MLS#: SW26110285
Originating MLS: California Regional MLS
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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: $229/sqft
- Tax assessed value: $769,375
- Annual tax amount: $8,840
- Date on market: 5/20/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Contract,Submit
Estimated market value
$927,600
$881,000 - $974,000
$2,055/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $948,000-5%$229/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $998,000+37.7%$241/sqft |
Source: | ||
| 2/15/2022 | Sold | $725,000-3.2%$175/sqft |
Source: Public Record Report a problem | ||
| 1/19/2022 | Pending sale | $749,000$181/sqft |
Source: | ||
| 12/24/2021 | Contingent | $749,000$181/sqft |
Source: | ||
| 12/15/2021 | Listed for sale | $749,000+172.4%$181/sqft |
Source: | ||
| 2/13/2014 | Sold | $275,000-29.5%$66/sqft |
Source: Public Record Report a problem | ||
| 10/9/2003 | Sold | $390,000+100%$94/sqft |
Source: Public Record Report a problem | ||
| 2/13/2002 | Sold | $195,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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 | $95,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
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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Local buyer's agents are ready to help
- California
- Riverside County
- Hemet
- 92543
- 962 Monarch St







