Description

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.

Property details

Year built

1964

Property type

Residential Income

Lot size

5,587 sqft

Location

2345 Caldero • Montrose, CA 91020

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Listed by

Bill Toth · First Class Real Estate

Similar Listings

Recent sales near 2345 Caldero

2345 Caldero Lane: Sold $636,000 · 3 bd · 2 ba · 1,416 sqft · Apr 2026 · 0.0 mi
Engel & Volkers Encino | DRE #01014735
Buyer's agent: Michale McGee, Engel & Volkers Encino | DRE #01442673
4439 Ocean View Boulevard: Sold $5,540,000 · 26 bd · 20 ba · 16,338 sqft · Jul 2026 · 0.1 mi
Marcus & Millichap | DRE #01357019
Buyer's agent: Roderick 'Rick' Raymundo, Marcus & Millichap | DRE #01357019
2434 Prospect: Sold $1,710,000 · 4 bd · 4 ba · 2,408 sqft · Jun 2026 · 0.2 mi
CA Flat Fee Listings, Inc | DRE #02060068
Buyer's agent: Glenda Lousignont, Sotheby's International Realty | DRE #01812030
2754 Montrose: Sold $2,975,000 · Jan 2026 · 0.2 mi
Park Place Properties Inc | DRE #01854197
Buyer's agent: Arthur Chalekian, Equity Union | DRE #01982432
4312 Briggs Avenue: Sold $1,530,000 · 4 bd · 2 ba · 1,780 sqft · Apr 2026 · 0.2 mi
Re/Max Tri-City Realty | DRE #01978239
Buyer's agent: Isabelle Clark, The One Luxury Properties | DRE #02161112
2530 Mary Street: Sold $995,000 · 3 bd · 1 ba · 1,056 sqft · May 2026 · 0.3 mi
Keller Williams R. E. Services | DRE #01380258
Buyer's agent: Armineh Ghevian, Equity Union | DRE #00945233
2215 Crescent Avenue: Sold $1,255,000 · 3 bd · 2 ba · 1,454 sqft · Jul 2026 · 0.4 mi
The Hills Premier Realty | DRE #01899114
Buyer's agent: Allen Avedissian, Keller Williams R. E. Services | DRE #02168675
2345 Montrose Avenue 2: Sold $720,000 · 3 bd · 3 ba · 1,506 sqft · Jul 2026 · 0.5 mi
New Star Realty & Investment | DRE #01356123
Buyer's agent: Hyunsuck Kim, New Star Realty & Investment | DRE #01448463

Closed sales reported in 91020, nearest first, last 12 months. All recent sales in Montrose →

Residential Income - 2345 Caldero, Montrose, CA