370 Electric, Monterey Park, CA 91754
370 Electric, Monterey Park, CA 91754
Property Description
Seller offering up to $10K credit toward buyer's rate buydown! Welcome to this stunning brand-new custom modern farmhouse in the heart of Monterey Park! Ideally located near the city's vibrant shopping, dining, and entertainment options, this beautifully designed home offers the perfect combination of modern luxury, comfort, and convenience. Featuring 4 bedrooms and 4 bathrooms, the home welcomes you with a spacious open-concept living and dining area, thoughtfully designed for entertaining guests and enjoying family gatherings. The gourmet kitchen is a true centerpiece, featuring high-end appliances, sleek European-style frameless cabinetry, and luxurious porcelain slab countertops. A versatile first-floor bedroom/den provides the perfect space for guests, a home office, or multigenerational living. Upstairs, you'll find a spacious family/media room—an ideal setting for relaxing, watching TV, or enjoying movie nights with the family. The primary suite features a generously sized bathroom finished with high-end tile and stylish contemporary details. You will also find two additional bedroom suites, each with its own en-suite bathroom, providing the comfort and convenience that modern family living demands. Additional highlights include an attached two-car garage and thoughtfully selected modern finishes throughout. With its brand-new construction, functional floor plan, upscale finishes, and convenient Monterey Park location, this exceptional home is one you won't want to miss. Come see it before it's gone!
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Monterey Park · Single Family Residence
Listed 13.8% above the median closed sale of $1,448,000. Price per sqft ($626) is a 25% premium to closed comps ($501). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 314 Montechico Dr | Monterey Park | 1958 | 4 | 3 | 2,638 | 9,976 | $491 | $1.29M | 1 | 88 |
| 704 Crest Vista Drive | Monterey Park | 1970 | 4 | 3 | 2,433 | 7,703 | $637 | $1.55M | 9 | 83 |
| 482 Cumbre St | Monterey Park | 1961 | 4 | 3 | 2,332 | 7,002 | $652 | $1.52M | 20 | 80 |
| 398 Montechico | Monterey Park | 1952 | 3 | 3 | 2,264 | 18,405 | $950 | $2.15M | 10 | 78 |
| 111 Everett | Monterey Park | 1925 | 5 | 4 | 2,264 | 5,832 | $658 | $1.49M | 15 | 77 |
| Total: 5 · Average | 4.0 | 3.2 | 2,386.2 | 9,783.6 | $677.6 | $1.60M | 11 | |||
| Median | 2,332 | $1.52M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 154 Ladera Street | Monterey Park | 1960 | 08/28/2026 | 4 | 3 | 2,903 | 10,931 | $1.30M | $1.30M | $448 | 1.00 | 83 | 88 |
| 710 Kingsford Street | Monterey Park | 1960 | 05/08/2026 | 4 | 3 | 2,637 | 8,368 | $1.00M | $970,000 | $368 | 0.97 | 44 | 85 |
| 860 Ridgecrest | Monterey Park | 1960 | 08/26/2026 | 5 | 4 | 2,965 | 9,855 | $1.55M | $1.55M | $523 | 1.00 | 49 | 85 |
| 1647 Arriba Dr | Monterey Park | 1961 | 08/07/2026 | 4 | 4 | 2,354 | 6,694 | $1.50M | $1.45M | $615 | 0.97 | 65 | 82 |
| 1540 Lunar | Monterey Park | 1957 | 09/01/2026 | 4 | 4 | 2,998 | 7,082 | $1.60M | $1.65M | $550 | 1.03 | 32 | 82 |
| Total: 5 · Average | 4.2 | 3.6 | 2,771.4 | 8,586 | $1.38M | $1.38M | $500.8 | — | 54.6 | ||||
| Median | 2,903 | $1.45M | $1.45M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.