Second-Floor Medical Office
651 East Pennsylvania Avenue Escondido, CA 92025
651 East Pennsylvania Avenue, Escondido, CA, 92025
$375,000
For Sale
$375,000
Well-maintained 1,124 SF medical suite with waiting room, reception, private bathroom, three offices, and conference room.
Property Size1,124 SF
Price / SF$333.63
Days on Market1368
Property Features for 651 East Pennsylvania Avenue
General Information
- Standard status
- Active
- Size
- 1,124 SF
- Property subtype
- OFC, OFC-BP
Listing agency
Coldwell Banker West
(619) 248-7012
Listed by
Robert Petrich · License #01999481
(619) 248-7012
Source
Realnex
Added: Oct 25, 2022 Updated: Jul 22 at 3:19PM Checked: Jul 22 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker West
Investment Insights
Based on property information with market context.
Well-maintained second-floor medical office suite offering 1,124 SF of professionally configured space. The layout includes a waiting room and reception area, a private bathroom, three offices, and a conference room, with many windows providing natural light throughout.
The property is presented for sale or lease, offering flexibility for qualified medical and office users seeking a ready-to-occupy suite with a defined appointment and meeting flow.
The interior configuration supports both client-facing reception and private office work, with a conference room sized for meetings and consultations.
The property is presented for sale or lease, offering flexibility for qualified medical and office users seeking a ready-to-occupy suite with a defined appointment and meeting flow.
The interior configuration supports both client-facing reception and private office work, with a conference room sized for meetings and consultations.
Key Highlights
- Well‑maintained 1,124 SF medical office suite on the 2nd floor
- Includes waiting room, reception area, private bathroom, three offices, and a conference room
- Many windows provide natural light throughout the suite
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $28.80 |
| − Vacancy | −$5.1k | −$4.52 |
| EGI | $27.3k | $24.28 |
| − OpEx | −$6.8k | −$6.07 |
| NOI | $20.5k | $18.21 |
1,124 SF · lease $28.80/SF/yr · vacancy 15.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$292.4K
$255.8K – $341.1K
NOI $20,467 @ 7.0% cap · market cap 5.46%
Second Best
Healthcare Medical
$285.6K
$249.9K – $333.2K
NOI $19,993 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$396.8K
$347.2K – $462.9K
NOI $27,774 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Profox Associate Inc
(Bike/Boat/Book/etc) Store
Mobile Therapists, Inc.
Home Health Care Service
Julia Goker
Physician
Philip C. Bosch, ...
Physician
Nerida S. Gerona, ...
Physician
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FAQs
What type of property is this?
Medical Office Space - Well-maintained 1,124 SF medical suite with waiting room, reception, private bathroom, three offices, and conference room.
Where is this medical office space located?
The property is located at 651 East Pennsylvania Avenue Escondido, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Well‑maintained 1,124 SF medical office suite on the 2nd floor; Includes waiting room, reception area, private bathroom, three offices, and a conference room; Many windows provide natural light throughout the suite
