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.
For sale
Listed by: First Class Real Estate • Bill Toth • 818-434-2110
Price cut: $46K (11/2)
$1,449,000
2345 Caldero Ln, Montrose, CA 91020
6beds
3baths
2,906sqft
Triplex
Built in 1964
-- sqft lot
$1,438,400 Zestimate®
$499/sqft
$-- HOA
What's special
- 37 days
- 387
- 13
Zillow last checked:
Listing updated:
Listed by:
Bill Toth DRE #01023622 818-434-2110,
First Class Real Estate
Source: CRMLS,MLS#: SR26211351
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Gas Oven, Microwave
- Laundry: Common Area
Features
- All Bedrooms Down
- Flooring: Wood
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,906
- Total interior livable area: 2,906 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport
- Carport spaces: 5
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,587 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5810009004
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Roof: Composition,Shingle
Condition
- Turnkey
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights
Location
- Region: Montrose
Financial & listing details
- Price per square foot: $499/sqft
- Date on market: 9/29/2026
- Cumulative days on market: 37 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 2625
- Tenant pays: Electricity, Gas
Estimated market value
$1,438,400
$1.37M - $1.51M
$3,868/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/2/2026 | Price change | $1,449,000-3.1%$499/sqft |
Source: | ||
| 10/23/2026 | Listed for sale | $1,495,000$514/sqft |
Source: | ||
| 10/13/2026 | Contingent | $1,495,000$514/sqft |
Source: | ||
| 9/29/2026 | Listed for sale | $1,495,000$514/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





