Property Detail

Description

120–122 Trellis Lane is a 6-unit multifamily property located in a desirable Escondido neighborhood near Escondido High School. The asset consists of two 3-unit buildings totaling approximately 6,820 square feet on a large 18,557 SF lot and features a strong unit mix of four 2-bedroom/1-bath units and two oversized 3-bedroom/2-bath units. With larger-than-average floor plans, the property supports strong in-place rents and long-term tenant stability. Each building includes three carports, providing ample on-site parking and potential ADU conversion opportunities (buyer to verify). One unit has been fully renovated, further enhancing rental appeal. With solid current income, upside potential, and a flexible lot configuration, this is a compelling value-add opportunity in North County.