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Escondido Multifamily Property For Sale

204 E 2nd Ave E, Escondido, CA 92025

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For Sale

$5,799,000

29-unit multifamily property in Escondido, renovated in 2021.

Type:Commercial

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.
Located in Escondido Downtown Specific Plan Area: Offers a desirable location.
Submetered Electricity & RUBs: Promotes efficient utility management and cost recovery.
Diverse Unit Mix: Features a combination of studios, one‑bedroom, and two‑bedroom units.

We can help!

Listing Contact

Richard Farmer

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For Sale

$5,799,000

29-unit multifamily property in Escondido, renovated in 2021.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 55
Last Refresh:: Apr 24 at 4:39 pm

Property Features for 204 E 2nd Ave E

General Information

Standard status: Active
Property subtype: Commercial

We can help!

Listing Contact

Richard Farmer

Listing agent Richard Farmer License #01060001

Listing office ACRE Investment Real Estate

Listing date Apr 24, 2026

Source Elliman

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

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.
Located in Escondido Downtown Specific Plan Area: Offers a desirable location.
Submetered Electricity & RUBs: Promotes efficient utility management and cost recovery.
Diverse Unit Mix: Features a combination of studios, one‑bedroom, and two‑bedroom units.

Overview

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.

Location Intelligence

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Apartment buildings

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Local Demand

City: Escondido
County: San Diego
State: California
Longitude: -117.079338
Latitude: 33.121769

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For sale
Apartment buildings
CA
Escondido
92025
204 E 2nd Ave E

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 $5,799,000.

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.