928 Monarch Street, Hemet, CA 92543

About this fourplex

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.

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$775,000

Sold June 2025 · listed $750,000, orig. $845,000, on market March 2025 · MLS #TR25061306 · Source: CRMLS

Listing Agent: Tiffany Leaverton · Listing Office: Exp Realty of California Inc · Contact: 951-816-0848 · Bought with: ADRENA COLE · ALLSTARS REALTY

$310,000

Sold August 2014 · listed $319,000, on market May 2014 · MLS #EV14093926 · Source: CRMLS

Listing Agent: GRAHAM HOLMES · Listing Office: REVIRON REALTY · Contact: 888-640-2346 · Bought with: Kevin Andrews · Ivy Realty Co.

$232,000

Sold April 2012 · listed $237,000, orig. $249,000, on market November 2011 · MLS #S679256 · Source: CRMLS

Listing Agent: Rosalinda Hernandez · Listing Office: Re/Max Encore · Contact: 949-661-7300 · Bought with: Rosalinda Hernandez · Re/Max Encore

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