424 N N Electric Ave E, Alhambra, California 91801, Alhambra, 91801 - 3 bed, 3 bath
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Alhambra, California 91801
This Turnkey Condominium is a Prime Investment Opportunity, listed at $688,000—positioned well below the $707,257 Fair Market Value by 2%. This valuation gap offers $19,257 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with extensive recent renovations, this end-unit provides a bright, modern living space. Located in a top-tier district with access to 9/10 rated schools like Marengo Elementary and South Pasadena High, it is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Newly renovated 3BR condo in prime Alhambra. Move-in ready with modern upgrades, city views, and top-rated schools. Instant equity opportunity at $688,000.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 N N Electric Ave E Subject | $688,000* List Price | 3 | 3 | 1,254 | $564 | - |
A 1712 Pepper St #a Sold | $700,000 | 3 | 3 | 1,370 | $511 | 0.6 mi |
B 218 La France Avenue E Sold | $765,000 | 3 | 3 | 1,435 | $533 | 0.5 mi |
C 200 East Bay State Street C Sold | $715,000 | 3 | 3 | 1,295 | $552 | 0.9 mi |
D 830 N Garfield Ave #f Sold | $708,000 | 3 | 3 | 1,260 | $562 | 0.6 mi |
E 28 N 3rd A501 Sold | $799,000 | 3 | 2 | 1,260 | $634 | 0.6 mi |
F 28 N 3rd Street A412 Sold | $800,000 | 3 | 2 | 1,320 | $606 | 0.6 mi |
G 1713 Vine Street B Active | $710,000 List Price | 3 | 3 | 1,342 | $529 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 1988 but recently underwent extensive renovations including new flooring, paint, light fixtures, and brand-new kitchen appliances. The unit is in mint, move-in ready condition with no immediate maintenance required, qualifying under the <5-year renovation criteria.
Elementary School: Marengo Elementary School (9/10). Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
The property is completely move-in ready featuring extensive recent upgrades, including new flooring, paint, light fixtures, and a full suite of new appliances such as a stove, dishwasher, and dryer.
Situated in a highly sought-after neighborhood, the home offers exceptional proximity to Downtown Alhambra, major retailers like Costco and Target, and easy access to the 10, 710, and 60 freeways.
At 1,254 square feet for a three-bedroom configuration, the interior layout may feel somewhat tight for families requiring larger communal areas or oversized bedrooms.
Typical of high-density condominium living in this area, the property lacks a significant private yard or large outdoor entertaining space, which may limit buyers with pets or gardening interests.
Newly Renovated End Unit in a Charming 5-Unit Complex in prime North Alhambra! This Bright and Spacious 3 Bed, 2.5 Bath Condo offers modern comfort and convenience. The extensive renovations include new Paint, Flooring, Blinds, Light Fixtures and Appliances, making it truly move-in ready. There is a new dryer, dishwasher, stove, range hood, as well as direct access to 2 car garage. Conveniently located just minutes away from Costco, Target, Alhambra Park, and Downtown Alhambra. Highly rated Alhambra High School and Park Elementary School are just a few blocks away, and easy access to the 10, 710, and 60 freeways makes commuting to Downtown LA a breeze. Don’t miss this incredible opportunity in this prime location!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,254 | 1,277.5 | 44% |
| Lot Size | 8,006 | 37,269.5 | 9% |
| Price | $688.0K | $757.5K | 31% |
| Price per sq ft | $549 | $572 | 41% |
| Built year | 1988 | 2006 | 38% |
| HOA | $275.0 | $350 | 34% |
| Days on market | 3 | 162 | 6% |
Jun 3, 2026
$688,000
Initial Listing