2305 Schoolside, Monterey Park, California 91754, Monterey Park, 91754 - 4 bed, 2 bath
Loading property details...
2305 Schoolside
Monterey Park, California 91754
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,768Sq Ft
7,861Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$1,020,095
SUMMARY
This duplex represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned slightly above the $1,054,931 Fair Market Value. While priced at market, the property offers a stable Condition Rating of 3, featuring updated interiors and Scenic City Light Views. The dual-unit configuration provides immediate rental income potential, making it a versatile asset in the Alhambra School District. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through a strategic house-hack in a high-demand Monterey Park neighborhood.
Estimated Market Value
$1,020,095
Based on Realkey algorithm analyzing recent comparable sales in Monterey Park.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2305 Schoolside Subject | $998,000* List Price | 4 | 2 | 1,768 | $577 | - |
A 1314 W 1st Street Sold | $830,000 | 0 | 0 | 1,540 | $539 | 0.2 mi |
B 1224 Avenida Cesar Chavez Active Under Contract | $935,888 List Price | 0 | 0 | 1,768 | $529 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1948, the property features updated interiors including modern white shaker cabinets and stainless steel appliances likely renovated within the last 5-15 years. The units appear functional and move-in ready, though the original hardwood floors show wear and would benefit from refinishing.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The duplex configuration featuring two spacious 2-bedroom units offers excellent flexibility for investors or owner-occupants looking to offset their mortgage with rental income.
- Turnkey Interiors
The property boasts updated interiors, reducing the need for immediate capital expenditures and allowing for quicker tenant placement at market rental rates.
- Scenic Views
Residents can enjoy impressive views of city lights and landmarks, a premium feature that enhances tenant retention and overall property desirability in the Monterey Park market.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1948, the property may require ongoing maintenance or future upgrades to core systems like plumbing and electrical despite the interior cosmetic updates.
- Limited Bathroom Count
With only one bathroom per 2-bedroom unit, the layout may be less competitive compared to modern builds that typically offer a 1.5 or 2-bath configuration for similar-sized units.
About 2305 Schoolside
This well-maintained duplex features a desirable unit mix of two spacious 2-bedroom units, each averaging nearly 900 sq. ft. The property presents investors with a prime value-add opportunity, including the potential to construct an ADU at the rear to further enhance rental income and maximize long-term value. The duplex will be delivered with one unit tenant-occupied and one unit vacant, providing immediate rental income while offering flexibility for an owner-user to live in one unit and rent out the other. The property also includes a two-car garage plus two additional parking spaces adjacent to the garage, providing a total of four dedicated parking spaces. With its versatile layout, strong rental potential, ample parking this property is an excellent opportunity for both seasoned investors and first-time multifamily buyer.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1948
- Lot Size
- 7,861 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,768 | 2,780 |
| Lot Size | 7,861 | 8,337.6 |
| Price | $998.0K | $1.20M |
| Price per sq ft | $564 | $527 |
| Built year | 1948 | 1956 |
| HOA | $0 | $0 |
| Days on market | 25 | 78 |
Pricing History
Listed for Sale
Sep 5, 2026
$998,000
$1,100,000
-9% Price Drop
Initial Listing
Price Change
Aug 15, 2026
$1,100,000
Initial Listing
Sold
Dec 21, 1999
$179,500
Public Record