$948,000
-$50,000962 Monarch, Hemet CA 92543
Multi-Family (Fourplex)
Property type
37 days
On market
$229
Price per sqft
4 cars
Garage
1980
Year built
11,326 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Cynthia Mitchell DRE #01971983, Exit Alliance Realty
Listing updated: Jun 1, 2026 at 08:02pm.
Last checked: Jun 5, 2026 at 11:00am
Source: CRMLS #SW26090634
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | 1 | $1,800 | $1,800 | $2,000 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,600 | $1,600 | $1,750 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,600 | $1,600 | $1,750 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,850 | $1,850 | $1,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Units Leased: 4
Total Actual Rent: $82,200
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.5x
List Price / Annual Gross Rent
Cap Rate
6.77%
NOI / List Price
Gross Scheduled Income: $82,200
Operating Expense: $17,999
Net Operating Income: $64,201
Annual Operating Expenses
Gardener: $480
Insurance: $2,985
New Taxes: $8,838
Trash: $1,496
Water / Sewer: $4,200
Interior
Interior Features: All Bedrooms Down
Room Type: Bedroom, Laundry
Flooring: Tile
Heating: Central
Laundry: Inside
Entry Location: Main Level
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre, Back Yard, Desert Front, Landscaped, Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: Direct Access, Garage, On Street
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 446320062
Additional Parcels: No
Tax Lot: 13
Community
Senior Community: No
Community Features: Biking, Curbs, Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 962 Monarch, Hemet, CA 92543. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$758,400
Total Interest
$967,297
Total Payment
$1,725,697
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,931
per month
Property History for 962 Monarch
Hemet Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92543.
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