Flex-Zoned Land Assemblage
815 E Pennsylvania Ave Unit 16 #16 15 13 13 12 11 7 6 5 Escondido, CA 92025
815 E Pennsylvania Ave Unit 16 #16 15 13 13 12 11 7 6 5, Escondido, CA, 92025
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For Sale
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Five contiguous parcels include vacant medical office, paved parking, a single-family home, and two duplex sites.
Days on Market158
Property Features for 815 E Pennsylvania Ave Unit 16 #16 15 13 13 12 11 7 6 5
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
CBRE - San Diego
(808) 271-5252
Listed by
Michael Greiner, CCIM · License #01844828
Source
Crexi
Added: Feb 13 Updated: Jul 21 at 2:47AM Checked: Jul 21 at 2:47AM
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 CBRE - San Diego
Investment Insights
Based on property information with market context.
Penn + Elm is a dense, flexibly-zoned land assemblage comprising five contiguous parcels within the San Diego County submarket of Downtown Escondido. The portfolio includes 815 E Pennsylvania, featuring a vacant medical office and a paved parking lot; 843 E Pennsylvania, a vacant single-family property; 848 E Ohio, a vacant lot; 830 E Ohio, a vacant duplex; and 838–840 E Ohio, a pair of vacant duplexes.
The property is situated within the City of Escondido’s S-P (Specific Plan) zoning designation, which provides tailored development standards within specially planned districts. The S-P designation allows for adaptable land-use standards, density provisions, and development guidelines that are unique to each Specific Plan area. Depending on the applicable S-P 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. The offering also references the potential for additional development flexibility when paired with California’s Density Bonus Law, subject to the applicable requirements for the specific project and sub-area.
The property is situated within the City of Escondido’s S-P (Specific Plan) zoning designation, which provides tailored development standards within specially planned districts. The S-P designation allows for adaptable land-use standards, density provisions, and development guidelines that are unique to each Specific Plan area. Depending on the applicable S-P 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. The offering also references the potential for additional development flexibility when paired with California’s Density Bonus Law, subject to the applicable requirements for the specific project and sub-area.
Key Highlights
- Five contiguous parcels in Downtown Escondido within San Diego County submarket
- Portfolio includes vacant medical office with paved parking lot (815 E Pennsylvania)
- Includes vacant single‑family home site (843 E Pennsylvania)
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Five contiguous parcels include vacant medical office, paved parking, a single-family home, and two duplex sites.
Where is this commercial land located?
The property is located at 815 E Pennsylvania Ave Unit 16 #16 15 13 13 12 11 7 6 5 Escondido, CA.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: Five contiguous parcels in Downtown Escondido within San Diego County submarket; Portfolio includes vacant medical office with paved parking lot (815 E Pennsylvania); Includes vacant single‑family home site (843 E Pennsylvania)
