Est. cap rate

2.8%

Assumed rent, all units

$11,220/mo

Units

3

Price per unit

$808,000

Est. annual NOI

$67,320

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

8

Bathrooms

7

Building size

2,940 sqft

Lot size

7,365 sqft

Year built

2024

Stories

2

Garage spaces

4

Style

Modern,Contemporary

Heating

Central

Cooling

Central Air,Heat Pump,High Efficiency

Pool

None

View

Mountain(s),Neighborhood

Status

Active

Days on market

117

MLS #

244173443

About this property

Rare 2024 new construction detached triplex in the desirable La Crescenta-Montrose foothill community. This thoughtfully designed property features three fully detached residences with no shared walls, creating the privacy, comfort, and feel of separate homes while maintaining the flexibility of a multifamily property. The property includes a front 3-bed with 2-bath residence, a second 3-bed with 2.5-bath residence, and a rear 2-bed with 1.5-bath residence, totaling approximately 2,940 SF of living area plus approximately 880 SF of private garage space. Features include two private 2-car garages, EV charging infrastructure, owned solar systems, separate gas, electric, and water meters, central HVAC, in-unit laundry, custom cabinetry, smart home features, fiber optic wiring, security cameras, LED lighting, motion-activated exterior lighting, and low-maintenance landscaping. Built with attention to privacy, efficiency, and long-term ownership value, the property also features enhanced insulation throughout the interior and exterior walls, including bathrooms, durable exterior improvements, and thoughtfully designed common areas. Located near Glendale, La Cañada Flintridge, Pasadena, Burbank, Honolulu Avenue shops, parks, and 210 freeway access. A rare opportunity to own a newly built detached multifamily property in one of the most sought-after foothill communities in Los Angeles County.

Location

3419 Montrose Ave

La Crescenta, Los Angeles, CA, 91214