204 E 2nd Avenue E, Escondido CA, 92025

Active

204 E 2nd Avenue E

Escondido CA, 92025

$6,300,000

$488.52 per sqft

Active

3 Beds

12,896 sqft

Commercial

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.

250019134

MLSⓇ ID

February 17, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories: 2
Bedrooms: 3
Appliances: Range, Refrigerator, Disposal
Laundry Description: Leased
Floor Description: Concrete, Wood, Tile, Vinyl, Carpet
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Features: All Auto Sprinklers, Landscaped
Roof: Other

Other Property Details

Area Name: North County
Days on Market: 10
Garage: No
Parking: Spaces
View: No
County: San Diego
Pool: No
Utilities: Cable Available
Zoning: Commercial

Listed by Acre Investment Real Estate, Craig Stewart,
Listing Contact: 760-809-3626

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Data last updated 11:00 PM UTC, 2/20/2025