2345 Caldero
Montrose, CA 91020
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 detailsCollapse
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
Nearby public schools
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.
| School / district | Grades | Distance |
|---|---|---|
| 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
| 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.
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.
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 06:15 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.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
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.
Understanding homeownership costs — CFPB ↗