Escandón is one of the colonias of Mexico City that were founded at the beginning of the 19th century on crop terrains that were formerly part of Hacienda de la Condesa, belonging to Condesa de Miravalle. This colony formed part of the Hacienda de la Condesa, being property of the family Escandón, who fractionated the terrains situated south of this. In 1841 it was sold to Antonio Batres and then sold to Estanislao and Joaquín Flores. The Flores brothers sold the hacienda to Manuel Escandón's notary in 1869. When the Escandón family acquired the property it got fragmented in 1880, 1890 and 1891 to be put for sale in lots.

Condesa or La Condesa is an area in the Cuauhtémoc Borough of Mexico City, south of Zona Rosa and 4 to 5 km west of the Zócalo, the city's main square. It is immediately west of Colonia Roma, together with which it is designated as a "Barrio Mágico Turístico". Together they are often referred to as Condesa–Roma, one of the most architecturally significant and bastion of the creative communities of the city.