Duplex with Detached
For Sale
$1,160,000
2354 Schoolside, Monterey Park, CA 91754
Each residence has in-unit laundry, with a fenced backyard serving the property.
Property Size2,163 SF
Days on Market10
Property Features for 2354 Schoolside
General Information
Standard status
Active
Size
2,163 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
fenced backyard
in-unit laundry
dual-pane windows
Building Details
Building Size
2,163 SF
Year Built
1948
Listing Agency:
Pinnacle Real Estate Group
Listed By:
Xander Chan · License #01952728
(626) 964-5500
Source:
Archetyperealty
Added: Oct 1
Changed: Oct 5
Last Checked: Oct 10 at 1:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pinnacle Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1948, this duplex has two-bedroom, one-bathroom units; one also includes a main-level half bath. Interior features include wood and bamboo flooring, dual-pane windows, and laundry closets. The property has a fenced backyard, two parking spaces, and a detached two-car garage.
The home is on a residential street near restaurants, shopping centers, East Los Angeles College, and an elementary school. Access to the 60, 10, 710, and 5 freeways connects the property with Downtown Los Angeles and surrounding areas.
The home is on a residential street near restaurants, shopping centers, East Los Angeles College, and an elementary school. Access to the 60, 10, 710, and 5 freeways connects the property with Downtown Los Angeles and surrounding areas.
Key Highlights
- Two‑bedroom, one‑bathroom layout in each unit; one unit also has a main‑level half bath
- Detached 2‑car garage and two parking spaces
- In‑unit laundry closets, dual‑pane windows, and wood and bamboo flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,774
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,480
$755.5K
Cap Rate 7%
$539,629
$539.6K
Cap Rate 9%
$419,711
$419.7K
Market Conditions
NOI Build-Up for 2,163 SF
Gross rent
$58.4K $27.00/SF
− Vacancy
−$4.4K −$2.05/SF
EGI
$54.0K $24.95/SF
− OpEx
−$16.2K −$7.48/SF
NOI
$37.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$755,480
Cap Rate 7%
$539,629
Cap Rate 9%
$419,711
Alternative Uses
Best Use
Multifamily LT 5
$539.6K
$472.2K – $629.6K
NOI $37,774 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$497.2K
$435.1K – $580.1K
NOI $34,804 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,064 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,368
Businesses Nearby
Explore this area
Business Placement
Demographics for 91754, CA
33,300
Population
12,754
Households
2.6
Avg Household Size
44
Median Age
38%
College-Educated
82%
High-School Grad
4.5 sq mi
ZIP Area
7,400
Density / Sq Mi
$81,890
Median Household Income
$46,992
Median Earnings
$1,884
Median Rent
$845,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has in-unit laundry, with a fenced backyard serving the property.
Where is this duplex located?
The property is located at 2354 Schoolside Monterey Park, CA.
What is the asking price?
The asking price for this property is $1,160,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom layout in each unit; one unit also has a main‑level half bath; Detached 2‑car garage and two parking spaces; In‑unit laundry closets, dual‑pane windows, and wood and bamboo flooring
