For sale · Active Under Contract (Backup)

2345 Caldero

Montrose, CA 91020

$1,495,000
Lot size0.1283 acres
Property typeTriplex
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Listing broker / agent: First Class Real Estate · Bill Toth · 818-434-2110 · CRMLS

MLS # SR26211351 · Last checked Oct 21, 2026 05:55 UTC

About this property

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

MLS number
SR26211351
Status
Active Under Contract (Backup)
Type
Residential Income
Subtype
Triplex
Lot size
0.1283 acres
County
Los Angeles
Year built
1964
Stories
2
More property detailsExpandCollapse

Listing

Days on market
14

Building

Year built
1964
Year built source
Assessor
Architectural style
Traditional
Stories
2
Building stories
2
Levels
Two
Entry level
1
Roof
Composition, Shingle
Condition
Turnkey

Rooms & interior

Rooms
Bedroom
Appliances
Dishwasher, Gas Oven, Microwave
Interior features
All Bedrooms Down
Flooring
Wood
Heating
Wall Furnace
Cooling
Wall Window Units
Fireplace
None
Laundry
Common Area

Exterior & parking

Total parking spaces
5
Garage spaces
0
Carport spaces
5
Parking
Carport
Pool
None
Spa
None
Lot features
Two To Five Units Acre
Lot size source
Assessor
Property outlook
Neighborhood

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Street Lights

Fees & lease terms

Association
No
Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Mountain Avenue Elementary Glendale Unified · La Crescenta K–6 0.5 mi
La Crescenta Elementary Glendale Unified · La Crescenta K–6 0.6 mi
Rosemont Middle Glendale Unified · La Crescenta 7–8 0.7 mi
Palm Crest Elementary (school website, opens in a new tab) La Canada Unified · La Canada Not reported 0.7 mi
Crescenta Valley High Glendale Unified · La Crescenta 9–12 0.9 mi
Monte Vista Elementary Glendale Unified · La Crescenta K–6 0.9 mi
John C. Fremont Elementary Glendale Unified · Glendale K–6 1.2 mi
Abraham Lincoln Elementary Glendale Unified · La Crescenta K–6 1.5 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,495,000
MLS-reported original asking price
$1,495,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:03$1,495,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Montrose

Active residential homes for sale in Montrose, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings5Current authorized inventory
Median asking price$949,0005 listings with a valid price
Median asking price / sq ft$520.475 listings with confirmed sq ft
Median days on market35 listings with MLS-reported days

Observed price activity · past 30 days

Not enough price-change observations yet. History starts when the upgraded importer records changes; no trend direction is assumed.

Calculated 2026-10-21 07:06 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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