1131 Ridgeside Drive, Monterey Park, California 91754, Monterey Park, 91754 - 6 bed, 4 bath

1131 Ridgeside Drive, Monterey Park, California 91754 home-pic-0
ACTIVE$1,798,000
1131 Ridgeside Drive, Monterey Park, California 91754
6Beds
4Baths
2,642Sqft
10,714Lot

Price Vs. Estimate

The estimated value ($949,772.2) is $848,227.8 (47%) lower than the list price ($1,798,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10714, living area = 2642.
Top Cons:
Age of Property & Potential System Updates: Built in 1960, while the kitchen is upgraded, other core systems (e.g., plumbing, electrical, HVAC) may be original or require updates not explicitly mentioned, potentially incurring future costs.

Compared to the nearby listings

Price:$1.80M vs avg $981.5K (+$816,500)94%
Size:2,642 sqft vs avg 1,417.5 sqft87%
Price/sqft:$681 vs avg $67650%

More Insights

Built in 1960 (65 years old).
Condition: Despite being built in 1960, this property has undergone an extensive and recent renovation, bringing it to an excellent, modern standard. The kitchen is a highlight, featuring sleek quartz countertops, a stainless steel farmhouse sink, high-end stainless steel appliances (including a professional range and double wall oven), and contemporary two-tone cabinetry with a mosaic tile backsplash. Bathrooms are also fully updated with modern vanities, stylish tiling, and glass-enclosed showers/tubs. The interior boasts modern marble-look tile and wood-look laminate flooring, recessed lighting throughout, and a striking floating staircase, all indicative of a comprehensive renovation within the last 5 years. All components appear new or virtually new, with no visible deferred maintenance.
Year Built
1960
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$681
HOA
-
Days on market
-
Sold On
-
MLS number
AR25061067
Home ConditionExcellent
Features
Excellent View: City Lights
ViewCity Lights

About this home

Location! Location! This stunning property effortlessly blends modern elegance with breathtaking views. Boasting 6 bedrooms and 4 bathrooms across 2,642 sq. ft. of thoughtfully designed living space, it sits on a generous big lot, offering ample room for comfort and entertaining. Step inside to discover an inviting interior, where a floating staircase adds a touch of contemporary sophistication. The heart of the home is the beautifully upgraded kitchen, featuring sleek quartz countertops, a stainless steel farmhouse sink, and picturesque views from the kitchen window—making meal prep an absolute delight. Both the first and second floors showcase stunning views that capture the natural beauty of the surrounding area, flooding the home with light and serenity. Nestled in the highly sought-after Monterey Park neighborhood and just moments from the tranquil Sequoia Park, this home offers easy access to outdoor recreation. Additionally, it is zoned for top-rated schools, including the prestigious Mark Keppel High School and Brightwood Elementary School, both renowned for their academic excellence. With its perfect blend of style, space, and prime location, This property presents an extraordinary opportunity to own your dream home with unmatched amenities.

Condition Rating
Excellent

Despite being built in 1960, this property has undergone an extensive and recent renovation, bringing it to an excellent, modern standard. The kitchen is a highlight, featuring sleek quartz countertops, a stainless steel farmhouse sink, high-end stainless steel appliances (including a professional range and double wall oven), and contemporary two-tone cabinetry with a mosaic tile backsplash. Bathrooms are also fully updated with modern vanities, stylish tiling, and glass-enclosed showers/tubs. The interior boasts modern marble-look tile and wood-look laminate flooring, recessed lighting throughout, and a striking floating staircase, all indicative of a comprehensive renovation within the last 5 years. All components appear new or virtually new, with no visible deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10714, living area = 2642.
Prime Location & School District: Nestled in the highly sought-after Monterey Park neighborhood, moments from Sequoia Park, and zoned for top-rated schools including Mark Keppel High School and Brightwood Elementary.
Breathtaking Views: The property offers stunning views from both the first and second floors, capturing the natural beauty of the surrounding area and providing city lights views.
Modern Upgraded Kitchen: The heart of the home features a beautifully upgraded kitchen with sleek quartz countertops, a stainless steel farmhouse sink, and picturesque views from the window.
Spacious Living & Lot Size: Boasting 6 bedrooms and 4 bathrooms across 2,642 sq. ft. of living space on a generous big lot, offering ample room for comfort and entertaining.
Contemporary Design Elements: An inviting interior with a floating staircase adds a touch of contemporary sophistication, enhancing the home's modern elegance.

Cons

Age of Property & Potential System Updates: Built in 1960, while the kitchen is upgraded, other core systems (e.g., plumbing, electrical, HVAC) may be original or require updates not explicitly mentioned, potentially incurring future costs.
Unspecified Cooling System: The property description does not specify the presence or type of a cooling system (e.g., central air conditioning), which could be a significant consideration for comfort in warmer months.
Aggressive Pricing Strategy: The listing price of $1,798,000 is substantially higher than the estimated property value of $949,772.2, which may impact market appeal and buyer perception of value.

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