NOT LISTED FOR SALE

2354 Schoolside Ave Monterey Park, CA 91754

Estimated Value: $964,000 - $1,099,000

4 Beds
2.5 Baths
2,163 Sq Ft
$486/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $915,000 $423 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,782/month

197 Days on Market

Highlights

  • Bamboo Flooring
  • No HOA
  • Living Room
  • Robert Hill Lane Elementary School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of April 2022

Rare found duplex investment opportunity in a prime location of Monterey Park. Each unit offers 2 beds and 1 full bath, 1 unit has an extra half bath on the main floor. Featuring wood and bamboo flooring, dual-panel windows, indoor washer/dryer closets. Fenced backyard with 2 parking spaces and 2-car garage. Located on a nice and quiet street while still have very easy access to many restaurants, shopping plazas and many more on Atlantic blvd.
0.2 mile from East Los Angeles College. 0.1 mile from elementary school. Close to Freeway 60, I-10. I-710, and I-5 for an easier commute to Downtown LA.

Last Agent to Sell the Property

Allen Shi

Wetrust Realty License #02045433 Listed on: 08/03/2021

Last Buyer's Agent

Rita Chang

Pinnacle Real Estate Group License #01952728

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,743

Year Built

  • Built in 1948

Lot Details

  • 6,203 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,163 Sq Ft Home
  • Living Room

Flooring

  • Bamboo
  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 14691
  • Assessor Parcel Number 5251025008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,743

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MPR2*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5251025008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2163.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Laminate, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 423.02
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6203.00
  • Lot Size Acres: 0.1424

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6203.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5304.00
  • Tax Lot: 25
  • Tax Tract Number: 14691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Ip Ngai Meng and Ip Meng-Chen
Bought by
Bata Bata Inc
Current Estimated Value
$1,051,898

Purchase Details

Listed on
Aug 3, 2021
Closed on
Mar 10, 2022
Sold by
Rubo Lin
Bought by
Ip Ngai Meng and Tu Meng-Chen
Seller's Agent
Allen Shi
Wetrust Realty
Buyer's Agent
Rita Chang
Pinnacle Real Estate Group
List Price
$920,000
Sold Price
$915,000
Premium/Discount to List
-$5,000
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$686,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Lin Rubo
Bought by
Lin Rubo and Lu Yi Ping

Purchase Details

Closed on
Mar 6, 2015
Sold by
Lu Yi Ping
Bought by
Lin Rubo

Purchase Details

Closed on
Jan 7, 2014
Sold by
Lin Rubo
Bought by
Lin Rubo and Lu Yi Ping

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 22, 2012
Sold by
Lu Yi Ping
Bought by
Lin Rubo
Seller's Agent
Steven Sakata
RE/MAX Galaxy
Buyer's Agent
Steven Sakata
RE/MAX Galaxy
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$371,250
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2011
Closed on
Feb 2, 2012
Sold by
Kawamoto Howard Satoru
Bought by
Lin Rubo
Seller's Agent
Steven Sakata
RE/MAX Galaxy
Buyer's Agent
Steven Sakata
RE/MAX Galaxy
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bata Bata Inc -- Accommodation/Courtesy Recordi
Ip Ngai Meng $915,000 Stewart Title Company
Lin Rubo -- Accommodation
Lin Rubo -- Accommodation
Lin Rubo -- Accommodation
Lin Rubo -- Calcounties Title Nation
Lin Rubo $495,000 Calcounties Title Nation
Kawamoto Howard Satoru -- Calcounties Title Nation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ip Ngai Meng $686,250
Previous Owner Ip Ngai Meng $686,250
Previous Owner Lin Rubo $371,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $915,000 -0.5% $423 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $920,000 +0.5% $425 / Sq Ft
02/10/2022 02/10/22 Off Market $915,000 -- --
02/10/2022 02/10/22 For Sale $920,000 +0.5% $425 / Sq Ft
02/09/2022 02/09/22 Off Market $915,000 -- --
01/28/2022 01/28/22 For Sale $920,000 +0.5% $425 / Sq Ft
01/27/2022 01/27/22 Off Market $915,000 -- --
12/09/2021 12/09/21 Price Changed $920,000 -5.0% $425 / Sq Ft
08/03/2021 08/03/21 For Sale $968,000 +95.6% $448 / Sq Ft
02/28/2012 02/28/12 Sold $495,000 -6.4% $229 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $529,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,743 $948,600 $664,020 $284,580
2024 $12,743 $951,966 $639,846 $312,120
2023 $12,511 $933,300 $627,300 $306,000
2022 $7,832 $585,880 $355,079 $230,801
2021 $7,731 $574,393 $348,117 $226,276
2019 $7,487 $557,358 $337,793 $219,565
2018 $7,428 $546,430 $331,170 $215,260
2016 $7,105 $525,213 $318,311 $206,902
2015 $6,991 $517,325 $313,530 $203,795
2014 $6,984 $507,192 $307,389 $199,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21170441

California Regional Multiple Listing Service (CRMLS)

APN: 5251-025-008