1015 Chestnut Ave Ste A2 Carlsbad, CA 92008-2563
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.
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Bud Tovar - State Farm Insurance Agent Insurance Agency
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Law Offices of Richard B. Macgurn Law Firm
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Law Offices of Gregory S. Duncan Law Firm
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DeVito & Nore, A.P.C. - Family Law & Mediation Law Firm Child Welfare Organization
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Aro Partners Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Carlsbad, CACarlsbad. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.