204 E 2Nd Avenue
Escondido, CA 92025
Active for $6,300,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 9,354 sqft
| MLS | 250019134SD |
| Year Built | |
| Property Type | Mixed Use |
| County | San Diego |
| Status | Active |
| Active | $6,300,000 |
| Structure Size | N/A sqft |
| Lot Size | 9,354 sqft |
| Beds | N/A |
| Baths |
Description
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.
Listing information courtesy of: Craig Stewart, Acre Investment Real Estate 760-809-3626. *Based on information from the Association of REALTORS/Multiple Listing as of 03/17/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Chalekian Investment Group
REALTOR®
Direct: 818.634.2844
Email: Email Me
DRE: 01982432
DRE #01873088
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