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Investment Highlights

  • 2024 New Construction, Three Fully Detached Residences , No Shared Walls with private garage space, Separate Water, Gas & Electric Metering.
  • Top-Rated Foothill School District, Optional Leaseback Opportunity, Minimal Shared Operating Expenses, Easy Access to Honolulu Avenue & 210 Freeway
  • Owned Solar Systems, EV Charging Infrastructure, Central HVAC Throughout, Premium Family-Oriented Layouts, Enhanced Acoustic interior Insulation

Executive Summary

2024-built detached luxury triplex located in the highly desirable La Crescenta-Montrose foothill community adjacent to Glendale and La Cañada Flintridge. The property features three fully detached residences with no shared walls, offering a rare single-family-home feel within a multifamily investment asset.
Property includes approximately 2,940 SF of permitted living area plus approximately 880 SF of substantial private garage/storage areas, owned solar systems servicing each residence, separate water/gas/electric metering, EV charging infrastructure, central HVAC, enhanced acoustic interior insulation, and premium low-maintenance construction features designed for long-term ownership quality.
Existing rents remain below projected market levels, providing future upside potential. Seller may consider an optional leaseback structure for the front residence to assist with occupancy stabilization and ownership transition.
Ideal opportunity for owner-users, multigenerational living, or long-term investors seeking premium newly constructed multifamily product in one of Los Angeles County’s most desirable foothill communities.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,821,852 CAD
Price Per Unit $1,273,951 CAD
Sale Type Investment
Cap Rate 4.01%
Sale Conditions
1031 Exchange
  • Sale Leaseback
Gross Rent Multiplier 17.5
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.17 AC
Building Size 3,820 SF
Average Occupancy 100%
No. Stories 1
Year Built 2024
Parking Ratio 1.05/1,000 SF
Zoning R3 - Multifamily Residential

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Sprinkler System
  • Stainless Steel Appliances
  • Vinyl Flooring
  • Quartz Countertops

Site Amenities

  • Security System
  • Car Charging Station

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $6,951 CAD 1,130
3+2.5 2 $6,430 CAD 1,140
2+1.5 3 $4,866 CAD 670
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5607-004-032
Land Assessment
$902,770 CAD (2025)
Improvements Assessment
$853,228 CAD (2025)
Total Assessment
$1,755,999 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40757415

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 3419 Montrose Ave, La Crescenta, CA 91214

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