204 E 2nd Avenue E, Escondido, CA 92025
List Price: $5.3M
Listing Status: Pending
Original List Price: $5.8M
0Days on Market: 196
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 9,354 sq ft
MLS Number: 250029752SD
About This Property
We are proud to introduce the Trentom 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 provided by: Craig Stewart DRE #01060001 760-809-3626 cstewart@acrecommercial.com, Acre Investment Real Estate
Source: CRMLS, MLS #: 250029752SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.