2354 Schoolside, Monterey Park, California 91754, Monterey Park, 91754 - 0 bed, 0 bath
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Monterey Park, California 91754
This Strategic Residential Income Duplex is a High-Potential Investment Opportunity listed at $1,180,000—positioned well below the $1,361,953 Fair Market Value by 13%. This valuation gap offers $181,953 in Instant Equity for savvy buyers. The property maintains a Well-Maintained Condition Rating, featuring bamboo flooring, dual-pane windows, and in-unit laundry. Located near East Los Angeles College with easy access to four major freeways, it promises strong rental demand and long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-value house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2354 Schoolside Subject | $1,180,000* List Price | 0 | 0 | 2,163 | $630 | - |
A 413 413 W Riggin Sold | $990,000 | 4 | 2 | 1,768 | $560 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but shows clear signs of aging. While it features updated bamboo and laminate flooring and dual-pane windows, the kitchen and bathrooms reflect older renovation styles (oak cabinets, white appliances, and dated vanities) likely from 15-20 years ago. The reliance on window AC units and wall heaters instead of central HVAC further aligns it with the 'fair' condition criteria for a 1948 build.
Ideally positioned with easy access to the 60, 10, 710, and 5 freeways, offering a convenient commute to Downtown Los Angeles and proximity to East Los Angeles College.
Both units are well-equipped with wood and bamboo flooring, dual-pane windows, and the highly sought-after convenience of in-unit laundry closets.
The property provides a detached two-car garage plus two additional parking spaces, addressing a common pain point for multi-family residential investments.
Originally built in 1948, the property may necessitate more frequent maintenance or capital expenditures for aging systems compared to newer builds.
With a 6,205 sqft lot already hosting a duplex and a detached garage, there is restricted space for significant footprint expansion or adding additional units.
Excellent duplex investment opportunity in a desirable Monterey Park location. Each unit features 2 bedrooms and 1 full bathroom, one unit offering an additional half bath on the main level. Interiors include a combination of wood and bamboo flooring, dual-pane windows, and convenient in-unit laundry closets. The property offers a fenced backyard, two parking spaces, and a detached 2 car garage. Situated on a quiet residential street, just minutes from popular restaurants, shopping centers. Ideally located within close distance to East Los Angeles College and a nearby elementary school. Easy access to the 60, 10, 710, and 5 freeways provides a convenient commute to Downtown Los Angeles and surrounding areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,163 | 1,768 | 67% |
| Lot Size | 6,205 | 6,205 | 50% |
| Price | $1.18M | $990.0K | 67% |
| Price per sq ft | $546 | $560 | 33% |
| Built year | 1948 | 1949 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 83 | 33% |
Mar 28, 2026
$1,180,000
Initial Listing
Apr 7, 2022
$915,000
Public Record
Feb 28, 2012
$495,000
Public Record