1015 Chestnut AveCarlsbad, CA 92008

Property Details for 1015 Chestnut Ave

Year built

1984

Lot size

0.39 AC

Property size (Sq ft)

1,084 SF

Zone code

COMMERCIAL

Property type

Office properties

Property subtype

Other office properties

APN

205-190-25-01

APU

2051902501

Description

This exceptional 1,455-square-foot office condo in Carlsbad, California, presents a unique investment opportunity. Located at 1015 Chestnut Avenue, Suite E3, this property boasts a strategic location near Carlsbad Village, offering convenient access to the I-5 and 78 freeways, and proximity to housing, shopping, and employment centers. The suite is situated on the third floor of a well-maintained building (constructed in 1984), with elevator access for ease of use. The space is currently configured as one large suite, but the two separate Assessor's Parcel Numbers (APN) – 802 square feet and 653 square feet – allow for potential future division. The current layout includes a spacious office (previously two), a conference room (suitable as a private office), an additional private office, a reception waiting area, and a reception work area. A significant advantage is the building's rooftop, leased to two telecom companies, generating income that offsets approximately 50% of the property's operating expenses. Ample parking is available, both covered and uncovered. This is an ideal opportunity for businesses seeking to own their space and benefit from a strong location and income-generating features.

• CAP approach

  CAP return

  Valuation

  6%

  $227,224

  6.5%

  $209,745

  7%

  $194,763

• Comparable approach

  Method

  Valuation

  Relative Method

  $175,439

  Geo Method

  $381,535

• Alternative Use

  Use

  Valuation

  Residential

  $260,084

  Hospitality

  $238,236

  Educational

  $198,209

  Medical

  $205,026

  Retail

  $308,325

Location Insight

City

Carlsbad

County

San Diego

State

California

Latitude

33.158

Longitude

-117.339

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].