2345 Caldero Montrose, CA $ 1,495,000
2345 Caldero
$ 1,495,000
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2345 Caldero

Montrose, CA, 91020
$ 1,495,000
Bedrooms-- Baths1.0 Sq 2,906

Monthly Estimate*

$ 10,326

Listed by Bill Toth, First Class Real Estate, bill@billtoth.com
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Multi-Family Home for sale in Montrose, CA

for $1,495,000 with 1 full bath. This 2,906 square foot home was built in 1964 on a lot size of 0.1283.

Excellent investment opportunity featuring a well-maintained triplex with three spacious 2-bedroom, 1-bathroom units. Extensively remodeled approximately seven years ago, the property offers an attractive combination of updated living spaces, income potential, and flexibility for both investors and owner-users. Two of the three units will be delivered vacant at closing, providing a rare opportunity for a new owner to immediately lease the units at current market rents or occupy one while generating income from the others. The third unit will remain tenant occupied, providing existing rental income from day one. Additional highlights include five carport parking spaces, a functional property layout designed for convenient multi-unit living, and the added benefit of being served by the highly regarded La Cañada Unified School District. With two units being delivered vacant at closing, recent improvements, and strong income-producing potential, this triplex presents an excellent opportunity to add a versatile multifamily asset to your portfolio.

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Multi-Family Active

Price

$ 1,495,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1283

Year Built

1964

Town/City

Montrose

County/Region

Los Angeles

MLS | Web ID

SR26211351

Days on Market

10

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Roof Composition Shingle
Appliances Dishwasher Gas Oven Microwave
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Year Built 1964
Tenant Pays Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 97500
Community Features Street Lights
County Los Angeles
Net Operating Income 85300
Operating Expense 12200
Insurance Expense 8100
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions Cross streets are Foothill Blvd and Briggs
City Montrose
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area 635 - La Crescenta/Glendale Montrose & Annex
Lot Size Units Square Feet
Lot Size Square Feet 5587
Carport Spaces 5
Carport Y/N true
Number of Units Leased 1
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1000
Fuel Expense 934
Property Condition Turnkey
Trash Expense 1200
Water Sewer Expense 966
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Total Actual Rent 2625
Property Sub Type Additional Triplex
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Interior
Interior Amenities All Bedrooms Down
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Carport
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 5
Lot Size Area 5587
Number of Buildings 1
Spa false
Building Area Total 2906
Lot Size Acres 0.1283
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Bill Toth

Listing Agent

First Class Real Estate

Broker

bill@billtoth.com

Email

Affordability Calculator

$10,326
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,326
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2026$1,495,000 Listed Price

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2345 Caldero, Montrose, CA, 91020 is a Multi-Family Home for sale at $1,495,000 with 2,906 sqft and a lot size of 0.1283. 2345 Caldero has 1.0 baths and was built in 1964. The property's zip code is 91020 which is in Montrose, CA