824 Ocean View, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 4 bath

824 Ocean View, Monrovia, California 91016 home-pic-0

824 Ocean View

Monrovia, California 91016

ACTIVE
CONDITION: FAIR
4Beds
4Baths
3,279Sq Ft
9,007Lot Size

Property Price

LIST PRICE$1,838,000
EST. MARKET VALUE
$1,679,824
9% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,679,824
Based on Realkey algorithm analyzing recent comparable sales in Monrovia.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
824 Ocean View
Subject
$1,838,000*
List Price
443,279$512-
A
239 W Palm
Active
$1,638,000
List Price
532,477$6611.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 2005, the property is now 20 years old and features original styles that are becoming dated. While the home offers a modern 3,279 SF layout, the listing agent explicitly notes that 'minor touch up needed' and advises buyers to 'bring your tools,' which indicates deferred maintenance and wear. The kitchen and bathrooms likely retain their original 2005 builder-grade finishes, and the multiple price reductions further suggest the condition requires investment to reach its full potential.

PROSSTRENGTHS & OPPORTUNITIES

  • Versatile Floor Plan

    The 3,279 SF layout includes a desirable first-floor suite, providing excellent flexibility for multi-generational living, guest accommodations, or a professional home office.

  • Modern Construction

    Built in 2005, this residence offers contemporary building standards and a significantly larger living space compared to the older character homes typically found in the Monrovia area.

  • Prime Location

    Situated in a quiet, established neighborhood while maintaining close proximity to downtown Monrovia's shopping and dining, as well as convenient freeway access.

CONSRISKS & DEFICIENCIES

  • Deferred Maintenance

    The property requires cosmetic touch-ups and minor repairs, which may necessitate additional immediate investment and effort from the buyer to reach its full potential.

  • Market Momentum

    Multiple price reductions from the original list price of $1.958M suggest the property has struggled to find its market value in its current 'as-is' condition.

About 824 Ocean View

***Price Deduction *** Welcome to this stunning 3,279 SF residence located in the desirable city of Monrovia. Featuring 4 bedrooms and 3.5 baths, this home offers an exceptional floor plan designed for comfort and convenience. A spacious suite on the first floor provides flexibility for guests, multi-generational living, or a private office. Enjoy the perfect balance of privacy and accessibility in a quiet neighborhood, while being just minutes away from vibrant downtown Monrovia, shopping, dining, and freeway access. This property blends generous living space with a prime location—ideal for those seeking both elegance and convenience. Some minor touch up needed, bring your tools to make it for your dream home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2005
Lot Size
9,007 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
72%
Baths4.02.0
87%
Square foot3,2791,519
91%
Lot Size9,0077,422.5
72%
Price$1.84M$1.05M
90%
Price per sq ft$561$697
18%
Built year20051949
96%
HOA$0$0
50%
Days on market156157
49%

Pricing History

Listed for Sale

Jan 7, 2026

$1,838,000

$1,888,000

-3% Price Drop

Initial Listing

Price Change

Nov 19, 2025

$1,888,000

$1,958,000

-4% Price Drop

Initial Listing

Price Change

Oct 1, 2025

$1,958,000

Initial Listing

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