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962 Monarch Street

Hemet, CA 92543
  • $749,000
  • STATUS: Pending
  • ON SITE: 38 Days
  • MLS #: PW21264878
Pending
UPDATED: 9 min ago
$749,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Listing Agent(s): Richard Bell of Bell Realty Group (714-309-3549)


Description

Built in 1980, Single Story 2 Bedroom and 1.75 Bath units with attached double car garages. Back unit makes a great owner's unit with a fireplace and private yard. Front unit has an enclosed patio that is used as a 3rd bedroom. Buyer to verify permit status. All units have central A/C and separate meters for gas and electric utilities and separate hot water heaters. Units have tile floors throughout to keep turnover expenses low. Rents are low so lots of upside. No rent increases have been given in more than 3 years so can bump them up immediately. Water efficient landscaping.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/124068372
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962 Monarch Street Hemet, CA 92543

  • Price: $749,000
  • Status: Pending
  • On Site: 38 Days
  • Updated: 9 min ago
  • MLS #: PW21264878
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1980
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
Built in 1980, Single Story 2 Bedroom and 1.75 Bath units with attached double car garages. Back unit makes a great owner's unit with a fireplace and private yard. Front unit has an enclosed patio that is used as a 3rd bedroom. Buyer to verify permit status. All units have central A/C and separate meters for gas and electric utilities and separate hot water heaters. Units have tile floors throughout to keep turnover expenses low. Rents are low so lots of upside. No rent increases have been given in more than 3 years so can bump them up immediately. Water efficient landscaping.
Exterior Features

Number Of Separate Electric Meters 4 Open Parking Spaces 1 Parking Features Door-MultiDirect AccessDriveway LevelGarage Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa Features None Spa YN No View Mountain(S) View YN Yes

Interior Features

Common Walls 1 Common WallNo One AboveNo One Below Cooling Central Air Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Heating Central Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S)SuburbanSidewalks Garage YN Yes Gross Income 42468 Gross Scheduled Income 42468 Insurance Expense 1500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 2400 Net Operating Income 20385 New Construction YN No New Taxes Expense 8614 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20809 Other Expense 2245 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 3539 Trash Expense 1500 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance 1274 Water Sewer Expense 3000 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-23T16:26:03.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Richard Bell of Bell Realty Group (714-309-3549)