CA > Escondido
Escondido, CA 92025,204 E 2nd Avenue E
Escondido, CA 92025,204 E 2nd Avenue E
Escondido, CA 92025,204 E 2nd Avenue E
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,300,000
Est. payment /mo
9,352 Sqft Lot
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UPDATED:

02/17/2025 06:18 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250019134SD

HOA Y/N No

Lot Size 9,352 Sqft

Property Sub-Type Mixed Use

Property Description

We are proud to introduce the Trenton 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

Area 92025 - Escondido

Zoning Commercial

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Others

Tax ID 2330822300

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Read Less Info
California Regional MLS (CRMLS)
Listed by Craig Stewart • Acre Investment Real Estate

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