2345 CalderoMontrose, CA 91020

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 Information

Property type

Residential Income

Sub-type

Triplex

Style

Traditional

Year built

1964

Stories

2

Building area

2,906 Sq Ft

Lot size

0.13 acres

Parking spaces

5

Days on market

41

MLS^® Listing#

SR26211351

Property Features

Appliances

Dishwasher · Gas Oven · Microwave

Cooling

Wall/Window Unit(s)

Heating

Wall Furnace

Flooring

Wood

Fireplace

None

Pool

None

Parking

Carport

Laundry

Common Area

Roof

Composition · Shingle

Community

Street Lights

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5810009004

Directions

Cross streets are Foothill Blvd and Briggs