768 Ridgeside, Monrovia, California 91016, Monrovia, 91016 - 5 bed, 3 bath
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Monrovia, California 91016
This Turnkey Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $1,548,000—positioned well below the $1,579,009 Fair Market Value by 2%. This valuation gap offers $31,009 in Instant Equity. Featuring a 2026 Remodeled Main House and a 2024 Detached ADU, the property maintains an Excellent Condition Rating. With Dramatic Canyon and Mountain Views and a massive 14,500 SF lot, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking luxury living with significant rental income flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 768 Ridgeside Subject | $1,548,000* List Price | 5 | 3 | 2,540 | $622 | - |
A 179 N Ivy Sold | $1,260,000 | 4 | 3 | 1,874 | $672 | 0.9 mi |
B 210 N Encinitas Avenue Sold | $1,459,000 | 4 | 3 | 1,995 | $731 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a main house with a comprehensive 2026 remodel and a brand-new ADU completed in 2024. It includes high-end custom bathrooms, new flooring, and brand-new central HVAC systems, meeting the criteria for mint condition with no maintenance required.
The property features a rare two-on-a-lot configuration with a remodeled main house and a brand-new 2024 detached ADU, offering exceptional flexibility for multi-generational living or significant rental income.
Significant capital improvements include a 2026 main house remodel with new central AC and high-end finishes, plus a newly constructed ADU featuring 16-foot ceilings and separate utility metering.
Set on nearly 14,500 SF in the North Monrovia hills, the property provides rare usable outdoor space, a 7-car driveway, and dramatic panoramic views of the mountains, canyons, and city lights.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2540, other record living area = 1867. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Listed at $1.548M, the property sits at a high price point for the Monrovia market, which may narrow the pool of eligible buyers despite the added value of the ADU.
Although heavily remodeled, the original 1947 construction may still harbor older underlying systems or structural elements that require more maintenance than a fully modern build.
Rare two-on-a-lot property in the hills of North Monrovia with a remodeled 1,867 SF main house, a newly built 673 SF detached ADU, and approximately 550 SF of garage space. Set on a large, usable lot of nearly 14,500 SF, this property offers a strong blend of lifestyle, privacy, and income flexibility.The main house features 3 bedrooms and 2 bathrooms, with a 2026 remodel including new flooring, custom-designed bathrooms with high-end finishes, brand-new central AC and new venting, a newly tiled front porch, fresh St. Augustine grass in the front yard, and new fescue in the backyard. The home captures dramatic mountain, canyon, and city light views from throughout the property.Completed in November 2024, the detached 2 bed / 1 bath ADU includes all-new construction, 16 foot ceilings, Anlin windows, high-end finishes, separate laundry, its own private entrance, private yard, and a separate electric meter. It is ideal for multi-generational living or strong rental income potential.The backyard feels private and spacious, with usable outdoor space, canyon views, and a majestic pine tree that anchors the setting. The driveway offers parking for approximately seven cars. Located near Clamshell Trail, Sunset Bench, Monrovia Canyon Park, Old Town Monrovia, Pasadena, Arcadia, Duarte, and the 210 freeway, this is a rare North Monrovia property with two separate living spaces, major upgrades, views, and real flexibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 71% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,540 | 1,995 | 76% |
| Lot Size | 14,461 | 6,601 | 94% |
| Price | $1.55M | $1.28M | 71% |
| Price per sq ft | $609 | $606 | 53% |
| Built year | 1947 | 1952 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 91 | 6% |
May 27, 2026
$1,548,000
Initial Listing
Aug 15, 2022
$980,000
Public Record
May 18, 1999
$295,000
Public Record