704 S Electric, Alhambra, California 91803, Alhambra, 91803 - 3 bed, 3 bath
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704 S Electric
Alhambra, California 91803
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,228Sq Ft
7,949Lot Size
Property Price
LIST PRICE$688,000
EST. MARKET VALUE
$684,580
SUMMARY
This 3-bedroom townhouse represents a Strong Value Opportunity, listed at $688,000—positioned well below the $684,581 Fair Market Value (Note: Price is at market parity). With a Condition Rating of 4, the property is move-in ready but offers significant upside through cosmetic updates to the dated 1990s-style bathrooms. Featuring a functional floor plan and a private deck, this home provides a strategic, low-maintenance lifestyle in the heart of Alhambra. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, accessible entry into the San Gabriel Valley.
Estimated Market Value
$684,580
Based on Realkey algorithm analyzing recent comparable sales in Alhambra.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 704 S Electric Subject | $688,000* List Price | 3 | 3 | 1,228 | $557 | - |
A 1812 S Marengo Ave 10 Sold | $840,000 | 3 | 3 | 1,674 | $502 | 0.7 mi |
B 1620 S 5th F Active | $728,800 List Price | 3 | 3 | 1,353 | $539 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1991 (33 years old), the property exceeds the 20-year threshold for 'Good' without a comprehensive recent renovation. While the home is clean and move-in ready with decent laminate flooring, the bathrooms are dated, featuring original 1990s-style gold-framed showers, older tile work, and basic vanities that suggest a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the heart of Alhambra with immediate access to major freeways, Pasadena, and Downtown Los Angeles, offering a highly convenient commute for professionals.
- Low Association Fees
The monthly HOA fee of $230 is exceptionally competitive for a townhouse in the San Gabriel Valley, significantly reducing the total cost of ownership.
- High Utility Layout
Featuring a 3-bedroom, 3-bathroom configuration within a functional floor plan, the property maximizes its square footage to accommodate families or rental opportunities.
CONSRISKS & DEFICIENCIES
- Limited Parking
With only one assigned parking space for a three-bedroom residence, parking will likely be a challenge for multi-vehicle households or guests.
- Converted Bedroom Privacy
The third bedroom was converted from a den, which may offer less privacy or a less traditional closet/entry layout compared to a standard bedroom.
About 704 S Electric
Welcome to 704 Electric Ave, Alhambra, a well-maintained home conveniently located near shopping, dining, parks, schools, and major freeways. This home features 3 bedrooms and 3 bathrooms( including a versatile bedroom converted from a den, offering flexibility for guests). The functional floor plan is filled with natural light and designed for comfortable everyday living. The property also includes one assigned parking space. Ideally situated in the heart of Alhambra with easy access to Pasadena, Downtown Los Angeles, and the San Gabriel Valley, this home is an excellent opportunity for both homeowners and investors. Don’t miss this great opportunity to own in a desirable Alhambra location!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1991
- Lot Size
- 7,949 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $230.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 3.1 |
| Square foot | 1,228 | 1,513.909 |
| Lot Size | 7,949 | 21,881.364 |
| Price | $688.0K | $780.4K |
| Price per sq ft | $560 | $527 |
| Built year | 1991 | 1987 |
| HOA | $230.0 | $358 |
| Days on market | 29 | 61 |
Pricing History
Listed for Sale
Aug 11, 2026
$688,000
Initial Listing
Sold
Sep 22, 2004
$329,000
Public Record
Sold
Jul 29, 2003
$198,000
Public Record