1325 North Broadway, Escondido, CA 92026

Land with "by right" residential zoning. The allowable uses and density for its existing R2-12: Light Multiple Residential zoning are specifically detailed in the City of Escondido's zoning ordinances. See (supplement attached) The subject property is suitable for multifamily buildings, senior housing and small lot developments among other permitted uses. Under City of Escondido R2 Zoning you are allowed 12 dwelling units per acre. 1 acre = 43,560 square feet dived by 12 equals 3,630 square feet. The subject property lot contains 36,590 square feet. That area divided by 3,630 equals 10.08 allowable dwelling units per existing zoning. So, it would appear the site is may legally accommodate ten (10) townhomes. Buyer to independently verify. *Side Note: Adjacent building is a 30-unit apartment on same sized lot. Current zoning will not allow a similar 30-unit building.