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$10,200,000

We are pleased to present Villa Park, a 37-unit multifamily community located at 345 E. Park Avenue in Escondido, California. Built in 1977, the two-story property features an attractive unit mix comprised entirely of two-bedroom, one-bathroom apartment homes, offering residents spacious layouts within an established residential setting. Villa Park provides a comfortable living environment enhanced by a variety of desirable community amenities. Residents enjoy private balconies, convenient off-street parking, laundry facilities and a private pool area. Situated in the heart of Escondido, the property benefits from proximity to downtown amenities, local retail, dining destinations, schools, parks, and major transportation corridors. Its central location provides residents with convenient access to employment centers throughout North County while maintaining the neighborhood feel that continues to attract renters to the area. Villa Park represents the opportunity to acquire a sizeable and stabilized multifamily asset in a growing Southern California submarket. The property's combination of functional apartment layouts, resident-focused amenities, and accessible location positions it to benefit from continued tenant demand.

74 Beds ⋅ 37 Baths ⋅ 260018174 MLS ⋅ ACTIVE Status

We are pleased to present Villa Park, a 37-unit multifamily community located at 345 E. Park Avenue in Escondido, California. Built in 1977, the two-story property features an attractive unit mix comprised entirely of two-bedroom, one-bathroom apartment homes, offering residents spacious layouts within an established residential setting. Villa Park provides a comfortable living environment enhanced by a variety of desirable community amenities. Residents enjoy private balconies, convenient off-street parking, laundry facilities and a private pool area. Situated in the heart of Escondido, the property benefits from proximity to downtown amenities, local retail, dining destinations, schools, parks, and major transportation corridors. Its central location provides residents with convenient access to employment centers throughout North County while maintaining the neighborhood feel that continues to attract renters to the area. Villa Park represents the opportunity to acquire a sizeable and stabilized multifamily asset in a growing Southern California submarket. The property's combination of functional apartment layouts, resident-focused amenities, and accessible location positions it to benefit from continued tenant demand.

345 E Park Ave, Escondido

$7,790,000

Set atop a quiet hillside in the Elfin Forest community of San Diego, this gated California Mediterranean style dual-estate presents the rare opportunity to own the end of the cul de sac commanding panoramic views. These estates are designed to fully unwind and reconnect with nature in a completely private oasis. At Fortuna Del Norte, the noise of the outer world melts away into your very own serene hillside, yet its very Western location lends itself to all the conveniences of modern life being only five minutes away from the vibrant shops, dining and groceries in the San Elijo Village and a relaxing drive through the hills to some of the best beaches in Southern California right here in North County San Diego. This combined 5-acre estate enjoys broad views overlooking miles of protected coastal chaparral and the trail system of Sage Hill Nature Reserve, spanning a wide swath of San Diego as far as the La Jolla skyline. Such a setting provides the ultimate feeling of privacy and serenity with the additional benefit of limited neighboring development from the adjacent reserve. Live almost entirely off the grid with a well tapped into a natural aquifer providing an abundance of natural clean water for the propertyregardless of drought statusand enough land to opt out of the main power grid by installing solar farms to power the estate independently. Fortuna Del Norte also includes two detached casitas: one complete with Jack-and-Jill style bedrooms close to the main residence for the ultimate guest experience and another out of view of the main residence as a completely self Set atop a quiet hillside in the Elfin Forest community of San Diego, this gated California Mediterranean style dual-estate presents the rare opportunity to own the end of the cul de sac commanding panoramic views. These estates are designed to fully unwind and reconnect with nature in a completely private oasis. At Fortuna Del Norte, the noise of the outer world melts away into your very own serene hillside, yet its very Western location lends itself to all the conveniences of modern life being only five minutes away from the vibrant shops, dining and groceries in the San Elijo Village and a relaxing drive through the hills to some of the best beaches in Southern California right here in North County San Diego. This combined 5-acre estate enjoys broad views overlooking miles of protected coastal chaparral and the trail system of Sage Hill Nature Reserve, spanning a wide swath of San Diego as far as the La Jolla skyline. Such a setting provides the ultimate feeling of privacy and serenity with the additional benefit of limited neighboring development from the adjacent reserve. Live almost entirely off the grid with a well tapped into a natural aquifer providing an abundance of natural clean water for the propertyregardless of drought statusand enough land to opt out of the main power grid by installing solar farms to power the estate independently. Fortuna Del Norte also includes two detached casitas: one complete with Jack-and-Jill style bedrooms close to the main residence for the ultimate guest experience and another out of view of the main residence as a completely self-sufficient one-bedroom-style home situated perfectly for rental income or multigenerational living. The combined two-parcel estates are equipped for full equestrian use, a luxurious heated swimming pool on each propertyone of which paired with an integrated waterfall jacuzzi, a lighted tennis court with a panoramic view, a wide variety of mature citrus and fruit trees, and lush landscaping throughout the grounds. Each property is also located within the attendance area of the R. Roger Rowe K-8 public school district of Rancho Santa Fe with designated access to a private gated back road leading directly to Rancho Santa Fe. Fortuna Del Norte presents a rare opportunity for the ultimate gated estate offering privacy, acreage, panoramic views and resort-style living in one of North County's most majestic and sought after hillside communities of the Enchanted Elfin Forest.

16 Beds ⋅ 12 Baths ⋅ NDP2604894 MLS ⋅ ACTIVE Status

Set atop a quiet hillside in the Elfin Forest community of San Diego, this gated California Mediterranean style dual-estate presents the rare opportunity to own the end of the cul de sac commanding panoramic views. These estates are designed to fully unwind and reconnect with nature in a completely private oasis. At Fortuna Del Norte, the noise of the outer world melts away into your very own serene hillside, yet its very Western location lends itself to all the conveniences of modern life being only five minutes away from the vibrant shops, dining and groceries in the San Elijo Village and a relaxing drive through the hills to some of the best beaches in Southern California right here in North County San Diego. This combined 5-acre estate enjoys broad views overlooking miles of protected coastal chaparral and the trail system of Sage Hill Nature Reserve, spanning a wide swath of San Diego as far as the La Jolla skyline. Such a setting provides the ultimate feeling of privacy and serenity with the additional benefit of limited neighboring development from the adjacent reserve. Live almost entirely off the grid with a well tapped into a natural aquifer providing an abundance of natural clean water for the propertyregardless of drought statusand enough land to opt out of the main power grid by installing solar farms to power the estate independently. Fortuna Del Norte also includes two detached casitas: one complete with Jack-and-Jill style bedrooms close to the main residence for the ultimate guest experience and another out of view of the main residence as a completely self Set atop a quiet hillside in the Elfin Forest community of San Diego, this gated California Mediterranean style dual-estate presents the rare opportunity to own the end of the cul de sac commanding panoramic views. These estates are designed to fully unwind and reconnect with nature in a completely private oasis. At Fortuna Del Norte, the noise of the outer world melts away into your very own serene hillside, yet its very Western location lends itself to all the conveniences of modern life being only five minutes away from the vibrant shops, dining and groceries in the San Elijo Village and a relaxing drive through the hills to some of the best beaches in Southern California right here in North County San Diego. This combined 5-acre estate enjoys broad views overlooking miles of protected coastal chaparral and the trail system of Sage Hill Nature Reserve, spanning a wide swath of San Diego as far as the La Jolla skyline. Such a setting provides the ultimate feeling of privacy and serenity with the additional benefit of limited neighboring development from the adjacent reserve. Live almost entirely off the grid with a well tapped into a natural aquifer providing an abundance of natural clean water for the propertyregardless of drought statusand enough land to opt out of the main power grid by installing solar farms to power the estate independently. Fortuna Del Norte also includes two detached casitas: one complete with Jack-and-Jill style bedrooms close to the main residence for the ultimate guest experience and another out of view of the main residence as a completely self-sufficient one-bedroom-style home situated perfectly for rental income or multigenerational living. The combined two-parcel estates are equipped for full equestrian use, a luxurious heated swimming pool on each propertyone of which paired with an integrated waterfall jacuzzi, a lighted tennis court with a panoramic view, a wide variety of mature citrus and fruit trees, and lush landscaping throughout the grounds. Each property is also located within the attendance area of the R. Roger Rowe K-8 public school district of Rancho Santa Fe with designated access to a private gated back road leading directly to Rancho Santa Fe. Fortuna Del Norte presents a rare opportunity for the ultimate gated estate offering privacy, acreage, panoramic views and resort-style living in one of North County's most majestic and sought after hillside communities of the Enchanted Elfin Forest.

20780 Fortuna Del Norte, Escondido

$17,000,000

World Famous Melrose Ranch - 115 Acres, originally built by Lord Somerville to entertain the Great Britain Royal Family, including King Edward VII, also used for filming of movie "Uncertain Glory" starring Errol Flynn in 1944. The ranch is amazingly restored. Stunning landscaping, main house is 6500 sq ft, 5 bedrooms, 3.5 bathrooms, with estate grounds along with greenhouse pool and private yard area, 16000 sq ft barn for horses and livestock, 8000 sq ft shop, 5 more houses on the ranch (all currently leased for additional income), 6 wells on property with 40,000 gal. collective tank, orchards, Texas longhorn cattle and more. This ranch is an opportunity of a lifetime.

15 Beds ⋅ 16 Baths ⋅ 260012132 MLS ⋅ ACTIVE Status

World Famous Melrose Ranch - 115 Acres, originally built by Lord Somerville to entertain the Great Britain Royal Family, including King Edward VII, also used for filming of movie "Uncertain Glory" starring Errol Flynn in 1944. The ranch is amazingly restored. Stunning landscaping, main house is 6500 sq ft, 5 bedrooms, 3.5 bathrooms, with estate grounds along with greenhouse pool and private yard area, 16000 sq ft barn for horses and livestock, 8000 sq ft shop, 5 more houses on the ranch (all currently leased for additional income), 6 wells on property with 40,000 gal. collective tank, orchards, Texas longhorn cattle and more. This ranch is an opportunity of a lifetime.

16757 Old Guejito Grade Rd, Escondido

$6,300,000

We are pleased to present the opportunity to purchase Penn + Elm, a dense flexibly-zoned land assemblage consisting of five contiguous parcels located within the San Diego County submarket of Downtown Escondido. This portfolio consists of the properties: 815 E Pennsylvania - Vacant medical office and paved parking lot, 843 E Pennsylvania - Vacant single family, 848 E Ohio - Vacant lot, 830 E Ohio - Vacant duplex, and 838-840 E Ohio - Vacant duplex. Penn + Elm is situated within the S-P (Specific Plan) zoning designation, which is used by the City of Escondido to tailored development within specially planned districts. S-P Zoning allows for adaptable land-use standards, density provisions and development guidelines unique to each Specific Plan area, enabling flexibility in design and permitting. Depending on the applicable Specific Plan sub-area, the zoning may support mixed-use or multifamily residential development, enhanced height allowances, walkability-focused site planning and opportunities to incorporate affordability or community-serving uses. When paired with California’s Density Bonus Law, developers can further increase allowable density, height and reduced parking ratios allowing this offering well-positioned for near-term multifamily or mixed-use redevelopment. Proof of concept for the feasible density onsite is provided by various recently approved and redeveloped sites with the S-P Zoning designation in-and-around the Downtown Escondido submarket.

260007438 MLS ⋅ ACTIVE Status

We are pleased to present the opportunity to purchase Penn + Elm, a dense flexibly-zoned land assemblage consisting of five contiguous parcels located within the San Diego County submarket of Downtown Escondido. This portfolio consists of the properties: 815 E Pennsylvania - Vacant medical office and paved parking lot, 843 E Pennsylvania - Vacant single family, 848 E Ohio - Vacant lot, 830 E Ohio - Vacant duplex, and 838-840 E Ohio - Vacant duplex. Penn + Elm is situated within the S-P (Specific Plan) zoning designation, which is used by the City of Escondido to tailored development within specially planned districts. S-P Zoning allows for adaptable land-use standards, density provisions and development guidelines unique to each Specific Plan area, enabling flexibility in design and permitting. Depending on the applicable Specific Plan sub-area, the zoning may support mixed-use or multifamily residential development, enhanced height allowances, walkability-focused site planning and opportunities to incorporate affordability or community-serving uses. When paired with California’s Density Bonus Law, developers can further increase allowable density, height and reduced parking ratios allowing this offering well-positioned for near-term multifamily or mixed-use redevelopment. Proof of concept for the feasible density onsite is provided by various recently approved and redeveloped sites with the S-P Zoning designation in-and-around the Downtown Escondido submarket.

815 E Pennsylvania Ave Unit 16,15,13,13,12,11,,7,6,5, Escondido

$6,995,000

King of the Hill! This top quality, custom home enjoys a hilltop location on over 29 acres of land, with spectacular, panoramic ocean and open space views from every room and multiple outdoor entertaining areas. Overlooking the Bridges golf course, just half a mile from Encinitas and within the Rancho Santa Fe school district, this property offers coastal breezes and a rare combination of seclusion and easy access. The main residence provides 6 bedrooms and 9 baths with an open floor plan ideal for private enjoyment or entertaining in style. The grounds include private gardens, personal fruit orchards and miles of nature trails, with a second gate to a lower (but still ocean view) area with endless possibilities including equestrian, vineyards or the possible creation of additional parcels with their own separately gated access. This is a rare opportunity to enjoy the finest of North County living now, with the potential to ensure the same lifestyle for multiple generations. Designed by award-winning architect Dena Gillespie, this custom home features a chef’s kitchen with top-of-the-line appliances, a walk-in pantry, formal dining room, upgraded lighting, climate-controlled wine cellar, game room and spacious living areas with vaulted ceilings. The primary suite includes a luxurious bath, steam shower and a private balcony. Expansive views continue from the outdoor covered patios, infinity-edge pool and spa, fire pit, bocce ball court and surrounding private gardens providing abundant flowers and a wide array of delicious fruit. This energy-efficient home comes with an owned solar panel system (with storage or chicken coops below) plus a Tesla Powerwall, delivering substantial savings on electricity and seamless backup power during outages.

6 Beds ⋅ 9 Baths ⋅ 260006196 MLS ⋅ ACTIVE Status

King of the Hill! This top quality, custom home enjoys a hilltop location on over 29 acres of land, with spectacular, panoramic ocean and open space views from every room and multiple outdoor entertaining areas. Overlooking the Bridges golf course, just half a mile from Encinitas and within the Rancho Santa Fe school district, this property offers coastal breezes and a rare combination of seclusion and easy access. The main residence provides 6 bedrooms and 9 baths with an open floor plan ideal for private enjoyment or entertaining in style. The grounds include private gardens, personal fruit orchards and miles of nature trails, with a second gate to a lower (but still ocean view) area with endless possibilities including equestrian, vineyards or the possible creation of additional parcels with their own separately gated access. This is a rare opportunity to enjoy the finest of North County living now, with the potential to ensure the same lifestyle for multiple generations. Designed by award-winning architect Dena Gillespie, this custom home features a chef’s kitchen with top-of-the-line appliances, a walk-in pantry, formal dining room, upgraded lighting, climate-controlled wine cellar, game room and spacious living areas with vaulted ceilings. The primary suite includes a luxurious bath, steam shower and a private balcony. Expansive views continue from the outdoor covered patios, infinity-edge pool and spa, fire pit, bocce ball court and surrounding private gardens providing abundant flowers and a wide array of delicious fruit. This energy-efficient home comes with an owned solar panel system (with storage or chicken coops below) plus a Tesla Powerwall, delivering substantial savings on electricity and seamless backup power during outages.

19557 Fortuna Del Este, Escondido

$5,100,000

Indulge in the pinnacle of refined living with this extraordinary residence, perched atop a private drive on a sprawling 5-acre estate. From this elevated vantage point, enjoy sweeping panoramic views of majestic mountains and spectacular ocean sunsets. Step inside to a meticulously crafted interior boasting cutting-edge technology, seamlessly integrated into an efficient single level floor plan. Outside, an oasis of leisure awaits, with multiple outdoor living spaces to tempt & delight the senses. See Sup. The master retreat is a sanctuary, complete with a private view balcony offering a commanding 270-degree vista. Dedicated spaces for a gym and yoga foster a lifestyle of wellness and tranquility. Plus, a stunning infinity-edge saltwater pool, hilltop Jacuzzi and peaceful lounging spaces, all set against a breathtaking natural backdrop. A separate guest house ensures both comfort and privacy for visitors, while the fully equipped outdoor kitchen sets the stage for unforgettable al fresco dining experiences. Designed with sustainability in mind, the estate features a private well with a 10,000-gallon holding tank and a robust solar system, enabling convenient off-grid living without compromise. Whether you're entertaining on a grand scale or enjoying quiet moments of solitude, this exceptional residence offers a lifestyle defined by elegance, privacy, and breathtaking natural beauty. For the discerning car enthusiast, a 4+ car & 2 car garage awaits, supplemented by a new 38' x 42' 1,800 square foot auto workshop, providing service and ample accommodation for your prized collection. With room for RVs and boats, this estate ensures that every aspect of your lifestyle is catered to...

6 Beds ⋅ 8 Baths ⋅ 250040480 MLS ⋅ CLOSED Status

Indulge in the pinnacle of refined living with this extraordinary residence, perched atop a private drive on a sprawling 5-acre estate. From this elevated vantage point, enjoy sweeping panoramic views of majestic mountains and spectacular ocean sunsets. Step inside to a meticulously crafted interior boasting cutting-edge technology, seamlessly integrated into an efficient single level floor plan. Outside, an oasis of leisure awaits, with multiple outdoor living spaces to tempt & delight the senses. See Sup. The master retreat is a sanctuary, complete with a private view balcony offering a commanding 270-degree vista. Dedicated spaces for a gym and yoga foster a lifestyle of wellness and tranquility. Plus, a stunning infinity-edge saltwater pool, hilltop Jacuzzi and peaceful lounging spaces, all set against a breathtaking natural backdrop. A separate guest house ensures both comfort and privacy for visitors, while the fully equipped outdoor kitchen sets the stage for unforgettable al fresco dining experiences. Designed with sustainability in mind, the estate features a private well with a 10,000-gallon holding tank and a robust solar system, enabling convenient off-grid living without compromise. Whether you're entertaining on a grand scale or enjoying quiet moments of solitude, this exceptional residence offers a lifestyle defined by elegance, privacy, and breathtaking natural beauty. For the discerning car enthusiast, a 4+ car & 2 car garage awaits, supplemented by a new 38' x 42' 1,800 square foot auto workshop, providing service and ample accommodation for your prized collection. With room for RVs and boats, this estate ensures that every aspect of your lifestyle is catered to...

20877 Wild Willow Hollow Rd, Escondido

$10,250,000

Rincon Hills is an extraordinary private gated estate with panoramic views from Pacific Ocean to Dixon Lake, in N. San Diego County. Multiple homes, 24 separate APN's totaling 290+ acres. The property has yurt, swimming pool, RV parking and multiple-car garage. Plenty of space to build or have a private retreat. Property has self-contained greenhouses, income producing citrus, avocado and exotic trees w/ massive infrastructure and equipment. Multiple source of water: municipal and private working wells.

5 Beds ⋅ 6 Baths ⋅ 220026950 MLS ⋅ CLOSED Status

Rincon Hills is an extraordinary private gated estate with panoramic views from Pacific Ocean to Dixon Lake, in N. San Diego County. Multiple homes, 24 separate APN's totaling 290+ acres. The property has yurt, swimming pool, RV parking and multiple-car garage. Plenty of space to build or have a private retreat. Property has self-contained greenhouses, income producing citrus, avocado and exotic trees w/ massive infrastructure and equipment. Multiple source of water: municipal and private working wells.

1830 Rincon Ave, Escondido

$7,225,000

Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR "MASTER-LEASE" WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.

3 Beds ⋅ 3 Baths ⋅ 250018218 MLS ⋅ CLOSED Status

Grandview Escondido presents a prime opportunity to acquire a newly constructed (2023), fully leased 15-unit multifamily asset in the heart of Escondido. Strategically located within the I-15 and Highway 78 corridor, the property benefits from immediate access to retail, dining, and essential services. Escondido is a rapidly growing submarket within North San Diego County, boasting a strong employment base, top-tier education institutions, and a diverse population. The city offers a competitive rental market with favorable occupancy trends, making Grandview an ideal investment for long-term appreciation and income growth. 1-YEAR "MASTER-LEASE" WITH SELLER Upon transfer of the property, seller will enter into a no-cost one-year management agreement and guarantee rents of $48,000/ monthly to the benefit of the buyer. To be further defined, contact broker for additional information.

1316 E Grand, Escondido

$7,900,000

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA – North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BR’s. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.

3 Beds ⋅ 2 Baths ⋅ 240007524 MLS ⋅ CLOSED Status

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA – North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BR’s. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.

938 N Fig, Escondido

$6,900,000

Clark Terraces Apartments is strategically located in the core business area of Escondido and walking distance to abundant retail. The highly renovated property is comprised of 20 units including 16 2bd/2ba units and four (4) 1bd/1ba units. Originally constructed in 1986, the subject features desirable architecture and quality construction including pitched roofs, central air conditioning, double sink vanities in the 2-bd/2ba units, full security complex with fencing and electronic gates and an ample parking ratio of two spaces per unit. Clark Terrace Apartments was extensively remodeled beginning in 2022 with a new roof, rebuilt decks, mostly new exterior windows, resurfaced parking lot and hardscape, new paint and drought tolerant landscaping. Interior renovations were completed in 13 of the 20 units at a cost of $50,000/ unit. With an impressive walk score of 94, the property is just one-block from Grape Day Park and Escondido's City Hall and Civic Center. The location is enhanced by the walkability to convenient retail including Northgate Market, Food 4 Less, Stater Bros Markets, Walgreen's and Starbucks to name a few. Residents have easy access to Interstate 15 and the 78 Freeway. This offering is perfect for the long term investor seeking a pride of ownership asset with low maintenance and a strong cash flow.

6 Beds ⋅ 6 Baths ⋅ 230012280 MLS ⋅ CLOSED Status

Clark Terraces Apartments is strategically located in the core business area of Escondido and walking distance to abundant retail. The highly renovated property is comprised of 20 units including 16 2bd/2ba units and four (4) 1bd/1ba units. Originally constructed in 1986, the subject features desirable architecture and quality construction including pitched roofs, central air conditioning, double sink vanities in the 2-bd/2ba units, full security complex with fencing and electronic gates and an ample parking ratio of two spaces per unit. Clark Terrace Apartments was extensively remodeled beginning in 2022 with a new roof, rebuilt decks, mostly new exterior windows, resurfaced parking lot and hardscape, new paint and drought tolerant landscaping. Interior renovations were completed in 13 of the 20 units at a cost of $50,000/ unit. With an impressive walk score of 94, the property is just one-block from Grape Day Park and Escondido's City Hall and Civic Center. The location is enhanced by the walkability to convenient retail including Northgate Market, Food 4 Less, Stater Bros Markets, Walgreen's and Starbucks to name a few. Residents have easy access to Interstate 15 and the 78 Freeway. This offering is perfect for the long term investor seeking a pride of ownership asset with low maintenance and a strong cash flow.

204 Clark, Escondido

$5,300,000

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.

19 Beds ⋅ 29 Baths ⋅ 250029752 MLS ⋅ PENDING Status

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.

204 E 2nd Ave E, Escondido