204 E 2nd Avenue E Escondido, CA 92025

Listing agency Acre Investment Real Estate c***@acrecommercial.com Show Phone

Listed by Craig Stewart · License #01060001 Show Phone

Source Exitrealty

Added: Jun 5 Updated: Jul 22 at 4:44AM Checked: Jul 22 at 4:44AM

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Investment Insights

Based on property information with market context.

The Trentom Arms is a 29-unit multifamily property built in 1925 and renovated in 2021. The unit mix includes 17 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 11 studios. Recent improvements include a new roof along with updated plumbing and electrical systems. Utilities are managed with submetering for electricity, and RUBs (Ratio Utility Billing System) are implemented for electricity, gas, water, and sewer.

The property is located in the Escondido Downtown Specific Plan area. It is currently described as having 100% occupancy.

If you are seeking a larger residential income asset with a stable unit mix and facility-level utility billing support in place, this property’s renovation updates and implemented RUBs are key operational details to review.

Key Highlights

• 29‑unit multifamily property built in 1925 and renovated in 2021
• Unit mix includes 17 1BD/1BA, 11 studios, and 1 2BD/1BA
• New roof plus updated plumbing and electrical systems

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FAQs

What type of property is this?

Apartment building - Renovated 29-unit apartment building built in 1925 with newly updated roof, plumbing, and electrical systems.

Where is this apartment building located?

The property is located at 204 E 2nd Avenue 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: 29‑unit multifamily property built in 1925 and renovated in 2021; Unit mix includes 17 1BD/1BA, 11 studios, and 1 2BD/1BA; New roof plus updated plumbing and electrical systems