An Inland North County Apartment Community Has Traded Hands for $2,610,000.
SAN DIEGO, CA, UNITED STATES, May 19, 2026 /EINPresswire.com/ — Angelo La Bruna, Senior Vice President of Apartment Realty Group (ARG) represented the buyer in the sale of a value-add 8-unit multifamily property in Escondido. The property, located at 1019-1033 Chestnut Street Escondido, CA 92025 is in one of San Diego’s strongest markets for rental demand and offers the buyer multiple value-add opportunities. The apartment homes on Chestnut not only has substantial upside in rental income, but also development and ADU potential. The property consists of four (4) 2Bedroom / 1Bathroom units and four (4) 1Bedroom / 1Bathroom apartment units which are situated on a large 35,069sf lot across three separate parcels. Tenant Amenities include an onsite laundry facility, ample off-street parking spots, and a common area for leisure.
“I’ve never seen a property with more ways to add value than the apartment homes on Chestnut, and as an added bonus the three separate parcels allowed for 30-year fixed residential financing. I’m excited to see how the buyer improves this incredible asset,” said La Bruna. The final closing price was $2,160,000.
Angelo La Bruna
Apartment Realty Group
+1 8582471095
angelo.labruna@arg1031.com
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