2301 S Electric Avenue, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 2 bath
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Alhambra, California 91803
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $980,000—positioned well below the $1,055,895 Fair Market Value by 7%. This valuation gap provides $75,895 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers a modernized kitchen, updated baths, and a spacious primary suite. With a detached garage and EV-ready electrical, this property is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2301 S Electric Avenue Subject | $980,000* List Price | 3 | 2 | 1,378 | $766 | - |
A 1817 Elm Street Sold | $1,075,194 | 3 | 2 | 1,372 | $784 | 0.8 mi |
B 1809 S 5th Sold | $1,020,000 | 3 | 2 | 1,466 | $696 | 0.8 mi |
C 1809 S Palm Avenue Sold | $1,220,000 | 3 | 2 | 1,767 | $690 | 0.6 mi |
D 1652 La Golondrina Sold | $1,110,000 | 4 | 3 | 1,616 | $687 | 0.9 mi |
E 1305 S Ethel Active | $998,000 List Price | 3 | 3 | 1,545 | $646 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely within the last 5 years) featuring a modern kitchen with stainless steel appliances and designer-updated bathrooms with contemporary tile and fixtures. Systems have been modernized, including an upgraded electrical panel with EV charging capacity. The interior is in mint condition with gleaming hardwood floors and vaulted ceilings, requiring no immediate maintenance.
Situated in a picturesque South Alhambra enclave known for tree-lined streets and pride of ownership, offering proximity to Granada Park and easy access to Downtown Los Angeles.
The home features a rare primary retreat with soaring vaulted ceilings, exposed beams, and a modernized en suite bath, providing a contemporary luxury feel within a traditional 1948 build.
The 6,720 sqft corner lot includes a detached garage with an upgraded electrical subpanel, offering excellent potential for a home studio, gym, or future EV charging station.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6720, other record lot size in square feet = 6935. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,378 square feet of living space for a three-bedroom home, the secondary bedrooms and common areas may feel undersized for some buyers.
While providing curb appeal, the corner lot location typically results in less privacy and increased street-side exposure compared to mid-block properties.
Welcome to your thoughtfully updated traditional style home resting in one of South Alhambra's most beautiful and picturesque neighborhoods. Tucked among gently winding, tree-lined streets where pride of ownership is evident at every turn, this peaceful enclave offers a truly exceptional setting. Set on a grassy corner lot beneath the canopy of a mature shade tree, 2301 S Electric Ave welcomes you with timeless curb appeal and an unmistakable sense of home. Inside, warm and inviting living spaces create an environment you'll treasure for years to come. The living room, with gleaming hardwood floors and a handsome stone fireplace, provides the perfect gathering place. An adjoining dining area flows naturally into the bright kitchen, where an efficient layout makes everyday meal preparation a pleasure. Just beyond, the adjacent laundry room offers added convenience along with direct access to the backyard. Privately situated at the rear of the home, the spacious primary suite is a true retreat featuring soaring vaulted ceilings with exposed beams, a beautifully updated en suite bath, and sliding doors that open to a tranquil stone patio. Two additional bedrooms are served by a spacious, updated bathroom thoughtfully designed with modern finishes. Outside, the peaceful backyard is made for savoring California living. Multiple seating areas, a generous grassy lawn, and a majestic shade tree create an inviting backdrop for entertaining, relaxing, or play. The detached garage offers flexibility as a studio, gym, workshop, or additional storage, while the upgraded electrical service includes a dedicated garage subpanel with capacity for future EV charging. Just moments from beautiful Granada Park, this exceptional location also places you minutes from the shops and restaurants along North Atlantic Boulevard, convenient access to the 10 Freeway, and approximately 15 minutes from Downtown Los Angeles. Combining a truly special neighborhood with thoughtful updates and everyday convenience, this is a home you'll be proud to call your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,378 | 1,374 |
| Lot Size | 6,720 | 7,321 |
| Price | $980.0K | $1.05M |
| Price per sq ft | $711 | $708 |
| Built year | 1948 | 1929 |
| HOA | $0 | $0 |
| Days on market | 9 | 43 |
Jul 14, 2026
$980,000
Initial Listing
Jul 27, 2023
$950,000
Public Record
Sep 23, 1997
$168,000
Public Record