"Machete" star Electra Avellan looked hot on the flick's L.A. premiere -- by wearing a hot pink dress!

Electra got her whole ensemble for less than $700 -- by pairing a $420 Naven dress from Kitson with a $260 pair of shoes from Modelsrock.com and a $16 lip tint from Hwood Beauty.

See more of Electra when "Machete" opens September 3.