Listing provided courtesy of Craig Stewart of Acre Investment Real Estate. Last updated 2025-04-21 08:27:14.000000. Listing information © 2024 Sandicor.
Asking Price: $6,300,000 |
204 2nd Avenue, Escondido CA 92025
Community: 92025 - Escondido
This Commercial/Residential property was built in 0 and is priced at $6,300,000. Please see the additional details below.
We are proud to introduce the Trenton Arms. This 29-unit multi-family property, built in 1925 and renovated in 2021, is located in the Escondido Downtown Specific Plan area, offering a unique blend of historic charm and modern comforts. The property features 17 one-bedroom/one-bath units, 1 two bedroom/one-bath unit, and 11 studios. The building features a new roof, plumbing, and electrical systems, ensuring functionality and appeal. Units within the property are submetered for electricity. RUBs (Ratio Utility Billing System) have been implemented for electricity, gas, water, and sewer, promoting efficient utility management. With a strong 100% occupancy rate, this property not only stands as a testament to its desirability but also presents a value-add investment opportunity through potential rent increases. It's an ideal choice for investors looking for a property that combines historical significance with contemporary living standards.
