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$ 775,000
$ 750,000 3.3%
8 Beds
8 Baths
0.26 Acres Lot
$ 775,000
$ 750,000 3.3%
8 Beds
8 Baths
0.26 Acres Lot
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR25061306
Sold Date 06/05/25
Bedrooms 8
HOA Y/N No
Lot Size 0.260 Acres
Property Sub-Type Res Income 2-4 Units
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
Area Riv Cty-Hemet (92543)
Zoning Assessor
Interior
Cooling Central Forced Air, Wall/Window, Other/Remarks
Building
Lot Description Sidewalks
Story 1
Level or Stories 1 Story
Others
Monthly Total Fees $12
Acceptable Financing Cash
Space Rent $1,179
Listing Terms Cash
Financing Conventional
Bought with ADRENA COLE • ALLSTARS REALTY
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