Escondido Multifamily Property For
For Sale
$5,300,000
Pending
204 E 2nd Ave E, Escondido, CA 92025
29-unit multifamily property in Escondido, renovated in 2021.
Days on Market101
Property Features for 204 E 2nd Ave E
General Information
Standard status
Pending
Property subtype
Commercial
Listing Agency:
Acre Investment Real Estate
(858) 243-3545
Listed By:
Richard Farmer · License #01060001
(858) 243-3545
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 2 at 5:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acre Investment Real Estate
Investment Insights
Based on property information with market context.
The Trentom Arms is a 29-unit multifamily property constructed in 1925 and renovated in 2021. Located in the Escondido Downtown Specific Plan area, the property includes 17 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 11 studios. The building has a new roof, plumbing, and electrical systems. The units are submetered for electricity, and a Ratio Utility Billing System (RUBS) is in place for electricity, gas, water, and sewer. The property has a 100% occupancy rate and presents a value-add investment opportunity through potential rent increases. The property has a bike score of 55, indicating it is bikeable, a walk score of 77, indicating it is very walkable, and a transit score of 30, indicating some transit options are available.
Key Highlights
- 100% Occupancy Rate: Demonstrates high demand and immediate cash flow.
- Recently Renovated (2021): Combines historic charm with modern updates to roof, plumbing, and electrical systems.
- Value‑Add Opportunity: Potential for rent increases to maximize investment returns.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,636
Businesses Nearby
Explore this area
Business Placement
Demographics for 92025, CA
51,586
Population
17,376
Households
3
Avg Household Size
35
Median Age
28%
College-Educated
78%
High-School Grad
22.4 sq mi
ZIP Area
2,303
Density / Sq Mi
$71,716
Median Household Income
$41,218
Median Earnings
$1,823
Median Rent
$767,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 29-unit multifamily property in Escondido, renovated in 2021.
Where is this apartment building located?
The property is located at 204 E 2nd Ave E Escondido, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 100% Occupancy Rate: Demonstrates high demand and immediate cash flow.; Recently Renovated (2021): Combines historic charm with modern updates to roof, plumbing, and electrical systems.; Value‑Add Opportunity: Potential for rent increases to maximize investment returns.
