83298 Argus Avenue Trona, CA 93562

Building Details

Year Built

1948

Listing office Rise Realty g***@outlook.com Show Phone

Listing date Dec 3, 2025

Source Xome

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Investment Insights

Based on property information with market context.

This multifamily complex features 36 units, each with one bedroom and one bathroom, and approximately 500 square feet. The property consists of four separate apartment buildings situated on a three-acre lot, totaling approximately 22,000 square feet of living area. Utilities, including gas, water, and electric, are present. A separate laundry room structure is also located on the property. Two of the four buildings have recently received new roofs. One unit in the first building has been fully completed, while the remaining units are ready for renovation. The entire complex is currently vacant and offers significant upside potential. The property may be suitable for Section 8 government housing, with potential rents of $1,000 to $1,200 per unit upon completion. The surrounding real estate is being actively rehabilitated, creating strong future demand. There is already a successful apartment complex with over 50 units in Trona with a large waiting list.

Key Highlights

• 36‑unit multi‑family complex on a large three‑acre lot.
• Potential for Section 8 government housing rental income (approximately $1,000 per unit).
• Significant upside potential with projected rents of $1,000-$1,200 per unit upon renovation.

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FAQs

What type of property is this?

Apartment building - Multifamily complex with renovation potential in Trona, California.

Where is this apartment building located?

The property is located at 83298 Argus Avenue Trona, CA.

What is the asking price?

The asking price for this property is $648,000.

What are key features of this property?

This property features: 36‑unit multi‑family complex on a large three‑acre lot.; Potential for Section 8 government housing rental income (approximately $1,000 per unit).; Significant upside potential with projected rents of $1,000-$1,200 per unit upon renovation.