83298 Argus Avenue
Trona, CA, 93562
$688,888
MLS: SW26001378
Beds
36
Baths
36
Sq Ft
21,660
Lot
2.98 ac
Year Built
1948
MLS #
SW26001378
Days on Market
77
Listed
Jan 4, 2026
Description
(36 units /36Beds/36Baths/Each Unit is 500sqft 1B1B) Multi-family commercial/residential complex for sale. After Construction, the property may be rented via Section 8 Government Housing. Section 8 currently pays about $1,000 for each unit. The property consists of four separate apartment buildings with an equal number of units in each all configured as one bedroom one bathroom units totaling approximately 22000 square feet of living area on an expansive three acre lot. Utilities including gas water and electric are present and the property features separate laundry room structures. Two of the four buildings have recently received new roofs and one unit in the first building has been fully completed while the remaining units are ready for renovation. The entire complex is currently vacant and offers significant upside potential with projected rents of $1000-$1,200 per unit upon completion as Trona continues to grow and much of the surrounding real estate is being actively rehabilitated creating strong future demand and long term upside. Plan of Action to get leased available soon in MLS supplements. Construction Cost Supplements coming soon. There is already a successful apartment complex with over 50 units in Trona known as the Searles Valley Apartments. They currently have a large waiting list, which suggests tenants are already waiting to move in!
Location
Trona, San Bernardino County, CA 93562
Open on Google Maps ↗Listed by: Gilberto Garcia · Rise Realty
Payment estimate
$5,085
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $68,889 · Loan: $619,999
- Principal & Interest
- $3,809
- Property tax (1.25%)
- $718
- Homeowners insurance
- $300
- Mortgage insurance
- $258
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Trona home with as little as 3.5% down using an FHA loan — roughly $24,111 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Trona, CA 93562 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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