204 E 2nd Avenue E, Escondido, California

$6,300,000

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0.21

Acres

About 204 E 2nd Avenue E

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.

Features of 204 E 2nd Avenue E

MLS® # 250019134
Price $6,300,000
Acres 0.21
Type Commercial
Sub-Type Com-Res Income
Status ACTIVE

Community Information

Address 204 E 2nd Avenue E
Area ESCONDIDO (92025)
City Escondido
County San Diego
State California
Zip Code 92025

Amenities

Amenities CTV Avail
Parking Spaces

Interior

Heating Wall
Cooling Wall/Window
# of Stories 2
Stories 2 Story

Exterior

Exterior All Auto Sprinklers, Cable Available, Fully Landscaped
Roof Other/Remarks
Construction Frame, Lath/Plaster

Additional Information

Date Listed February 10th, 2025
Days on Market 10
Zoning Commercial
Short Sale No

Listing Details

OfficeAcre Investment Real Estate

Listing Map

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