962 Monarch, Hemet, CA 92543
Quadruplex - Hemet, CA
- Added:
- May 20, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 10 at 8:06 am
Property Features for 962 Monarch
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
- Parking
- 4
- Parking features
- Garage
- Exterior features
- Community Features Included: Curbs, Biking, Street Lights, Storm Drains, Sidewalks, Level With Street, Landscaped, 2-5 Units/Acre, Desert Front, Lot 10000-19999 Sqft, Back Yard
- Standard status
- Active
- APN
- 446320062
- Size
- 4,138 SF
- Lot size
- 11,326.00 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Tile
- Architectural style
- Other
Listing agent Cynthia Mitchell License #01971983 (951) 837-9556
Listing office Exit Alliance Realty 43521 Ridge Park Dr., Ste 201, Temecula, CA (951) 639-8777
Listing date May 20, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑plex in Hemet built in 1980 with 9 bedrooms and 8 bathrooms across Units A, B, C, and D
- Each unit has a 2‑car attached garage, plus outside space including private fenced patios/yard
- Separate electric and gas meters for each unit; laundry space inside with gas/water hookups
- Units feature central heating and central air, with tile flooring
- Two brand new kitchens were recently installed
- All units are currently under lease
Overview
The property is positioned in a central Hemet location described as close to schools and highway access. Each unit has separate electric and gas meters. Laundry space is provided inside each unit with gas and water hookups. Two brand new kitchens were recently installed, and the exterior has been freshly painted while landscaping has been maintained.
This quadplex configuration supports tenant independence with private outdoor areas, direct garage access, and individually metered utilities. With all units currently under lease and recent kitchen updates completed, the property is structured for an operator seeking a manageable, unit-by-unit rental setup with consistent amenities across the building.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $105.8k | $25.56 |
| − Vacancy | −$1.9k | −$0.46 |
| EGI | $103.9k | $25.10 |
| − OpEx | −$31.2k | −$7.53 |
| NOI | $72.7k | $17.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.9652731
- Latitude
- 33.7320142
