See Home Value
$1,843,453*
House - Off Market

1131 Ridgeside Drive

Monterey Park, CA 91754
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2642 Sqft
$1,530,000 - $1,870,000
Reference Base Price*
8.44%
Since Jan 1, 2023
CA-Los Angeles
Primary Model
Sold Dec 23, 2022
$1,600,000
$1,280,000 by Amwest Funding Corp
Mortgage Due Jan 01, 2053
Sold Jan 04, 2022
$1,151,000
$1,100,750 by Easy Street Capital Ca Llc
Mortgage

About This Property

Price Improvement! Incredible breathtaking city views of LA! This home in immaculate. Completely renovated with amazing finishes. When you walk in, you'll be wowed by the gleaming 48x48 porcelain tile floors. The home has a lot of natural sunlight and is very warm and welcoming. The open layout living room/dining room leads to the floating staircase. The kitchen features brand new quartz countertops, custom stone back splash, a stainless steel farmhouse style kitchen sink, a pot filler/pasta arm and all new stainless steel appliances: a six burner Wolf Range, Dacor Refrigerator, Dacor Dishwasher, Dacor Wall Oven, Dacor Microwave, and Zephyr Range Hood. All cabinets and drawers are soft close. You'll be amazed by the chandeliers and lighting fixtures! There are 4 bedrooms and two bathrooms on the first floor and featured by a main floor suite with its own bathroom. There are two more master suites on the second floor! Master bathroom has barn style door. All bedrooms have LVT vinyl floors and all bathrooms have quartz counters and illuminated bathroom mirrors. New roof. New Heating and AC. New windows. The amazing LA city views can be seen from the backyard, side yard, kitchen, living room, dining room, garage and master bedrooms. Great location! Great schools - Alhambra Unified School District. Easy access to freeway and shopping. Stop by around sunset to see the amazing city views and sunsets.

The manager has listed the unit size as 2642 square feet.
Unit Size
2,642Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$643
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Dec 28, 2022 No longer available -
No longer available
Dec 23, 2022 Sold to Wa Li, Wayland W Fong $1,600,000
Sold to Wa Li, Wayland W Fong
Oct 18, 2022 In contract -
In contract
Sep 3, 2022 Price Decreased $1,700,000
↓ $50K (2.9%)
Price Decreased
Aug 5, 2022 Price Decreased $1,750,000
↓ $50K (2.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,711
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,642
  • Building Area: 2,642
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,642
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17749
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 17749 LOT/SEC 27

Ownership

  • Current Owner : FONG WAYLAND W
  • Current Owner 2: LI WA
  • Previous Owner : OM NAMAH SHIVAAI LLC
  • Owner Before Previous Owner: SELECT FIDUCIARY GROUP LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 482002

Zoning

  • Zoning: MPR1YY

Geography

  • Assessors Map Reference: 46-A3
  • Subdivision Tract Number: 17749
  • Parcel: 5253-035-001
  • Lot: 27
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.0497
  • Longitude: -118.144

    Address

  • Full Address: 1131 Ridgeside Dr
  • Address - House Number: 1131
  • Address - Street Name: Ridgeside
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C021
  • 4-Digit Zip Code: 3730
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,306
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,314,116
  • High Value: 1,608,122
  • Low Value: 1,020,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,280,000
  • First Open Lien Mortgage Lender: AMWEST FUNDING CORP
  • First Open Lien Mortgage Recording Date: Dec 23, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,280,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,600,000
  • Assessed Land Value: $1,040,000
  • Assessed Improvements Value: $560,000

    Sales

  • Current Sale Contract Date: Nov 01, 2022
  • Current Sale Recording Date: Dec 23, 2022
  • Current Sale Transaction ID: 11900052048
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 1196612
  • Previous Sale Recording Date: Jan 04, 2022
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $1,151,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMWEST FUNDING CORP
  • First Mortgage Transaction Date: Dec 23, 2022
  • First Mortgage Loan Amount: $1,280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: EASY STREET CAPITAL CA LLC
  • Previous Mortgage Transaction Date: Jan 04, 2022
  • Previous Mortgage Loan Amount: $1,100,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
3,887 ft²
$450/ft²
$1,750,000 Nov 7, 2022
-
$160/mo

About Monterey Park


Similar Homes for Sale

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$1,750,000

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Nearby Rentals

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Unit for rent at 1336 Elm Street, Alhambra, CA, 91803

$2,300 /mo

  • 2 Beds
  • 1 Bath
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Frequently Asked Questions

When was property at 1131 Ridgeside Drive built and last sold?
The property at 1131 Ridgeside Drive was built in 1960 and last sold on Nov 1, 2022 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 1131 Ridgeside Drive is $1,700,715.
What are some comparable homes to 1131 Ridgeside Drive?
Homes that are comparable to 1131 Ridgeside Drive include a house property at 883 Holladay Way, located in Monterey Park, CA.

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