The subject property is located at 339 S Escondido Blvd in Escondido, California. The property is located between two major freeways providing direct access to I-15 and Highway 78. The subject property is located in downtown Escondido. A development application has been approved for the 35 unit project. Current plans consist of 1 building with 35 units. The project consists of 31 market rate units and 4 affordable units. Planned unit sizes are between 441 SF- 812 SF with an average square footage of 610 SF. A buyer may take advantage of the work already completed by the seller and move forward with approvals for the current plans, or there may be an opportunity for additional units by attributing a percentage to affordable units.