44
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$5,800,000
Est. payment /mo
3 Beds
3 Baths
12,896 SqFt
Active
204 E 2nd Avenue East Escondido, CA 92025
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Key Details
Property Type Single Family Home, Condo
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 12,896 sqft
Price per Sqft $449
MLS Listing ID 250029752
Bedrooms 3
Property Sub-Type Com-Res Income
Property Description
We are proud to introduce the Trentom 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.
Location
State CA
County San Diego
Community Ctv Avail
Area North County
Zoning Commercial
Interior
Heating Wall
Cooling Wall/Window
Flooring Slab, Wood
Fireplace No
Laundry Leased
Exterior
Parking Features Spaces
View Y/N No
Roof Type Other/Remarks
Building
Dwelling Type Apartment
Story 2
Others
Tax ID 2330822300
Listed by Craig Stewart Acre Investment Real Estate