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    1015 Chestnut Ave Carlsbad, CA 92008

    For Sale
    $655,000

    Prime Carlsbad office, 1455 sq ft, income-generating roof.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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.

    Property Features for 1015 Chestnut Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1984
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bud Tovar - State ... Insurance Agency Law Offices of Richard ... Attorney Law Offices of Gregory ... Attorney DeVito & Nore, A.P.C. ... Family Law Attorney Aro Partners Financial Planner

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carlsbad
    County
    San Diego
    State
    California
    Longitude
    -117.3389
    Latitude
    33.15805

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Carlsbad office, 1455 sq ft, income-generating roof.
    Where is this commercial real estate located?
    The property is located at 1015 Chestnut Ave Carlsbad, CA.
    What is the asking price?
    The asking price for this property is $655,000.
    (619) 299-3000
    Request Owner's contact information
    1015 Chestnut Ave Carlsbad, CA 92008
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    Carlsbad, CA 92008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1015 Chestnut Ave Carlsbad, CA 92008
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