121 S Electric
Alhambra, CA, 91801
(No pictures available yet)
$950,000
MLS: CV26087790
Beds
3
Baths
1
Sq Ft
1,352
Lot
0.14 ac
Year Built
1940
MLS #
CV26087790
Days on Market
11
Listed
Apr 23, 2026
Description
Top rated schools and true single story living set the tone for this Central Alhambra opportunity. Located within the highly regarded Alhambra Unified School District, this home is served by William Northrup Elementary School and Alhambra High School, both known for strong academic reputations and community appeal. Welcome to a fantastic single story, multi generational living opportunity in the heart of Alhambra. Situated in a well established neighborhood, this charming home offers a functional layout with wide hallways and doorways that create an open, comfortable flow, ideal for extended family living. Original flooring and classic wood door frames add character throughout, while the spacious design provides flexibility for a variety of living needs. The home features an airy living room anchored by a stunning floor to ceiling bay window that brings in abundant natural light. The adjacent dining area is bright and inviting, complemented by large windows and neighborhood views. The galley style kitchen is both efficient and practical, with direct access to the backyard, perfect for seamless indoor outdoor living. One of the standout features is the expansive yard space, offering plenty of room for entertaining, gardening, or future expansion. Sitting on approximately a 6,200 sq ft lot, the property also includes a long driveway with ample parking in addition to a 2 car tandem garage. Attached to the garage is an oversized storage room presenting excellent potential for an ADU conversion buyer to verify. Location is a major highlight, just minutes from the popular Main Street corridor filled with dining, cafes, and nightlife, as well as everyday conveniences like Costco and Target. Enjoy close proximity to local favorites such as Mama Lu's Dumpling House, Boiling Point, and 85°C Bakery Cafe, along with easy access to Main Street and nearby freeways for a smooth commute throughout the San Gabriel Valley and into Downtown Los Angeles. Combining location, lot size, school district, and multi generational potential, this home presents a rare opportunity to create long term value in one of Alhambra’s most convenient and desirable pockets.
Location
Alhambra, Los Angeles County, CA 91801
Open on Google Maps ↗Listed by: Mike Chou · K.W. EXECUTIVE
Payment estimate
$7,056
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000
- Principal & Interest
- $5,410
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Alhambra home with as little as 3.5% down using an FHA loan — roughly $33,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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