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1565 Chestnut Avenue

Carlsbad, CA 92008
  • $2,450,000
  • STATUS: ACTIVE
  • ON SITE: 47 Days
  • ID#: NDP2408383
$2,450,000
  • 4
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Incredible opportunity for potential future development for the creative investor or homeowner that wants to create cash flow. Located about a half mile to Carlsbad Village & Beaches and blocks from Carlsbad High & Valley Middle School. City planning guidance suggests that with a combination of SB9 and CA ADU laws a Single Lot Duplex configuration could facilitate the development of two primary residences along with an ADU and JADU. Current rents are approximately $8500 per month. Incredible opportunity for potential future development for the creative investor or homeowner that wants to create cash flow. Located about a half mile to Carlsbad Village & Beaches and blocks from Carlsbad High & Valley Middle School. City planning guidance suggests that with a combination of SB9 and CA ADU laws a Single Lot Duplex configuration could facilitate the development of two primary residences along with an ADU and JADU. Current rents are approximately $8500 per month.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/155439724
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1565 Chestnut Avenue Carlsbad, CA 92008

  • Price: $2,450,000
  • Status: ACTIVE
  • On Site: 47 Days
  • ID#: NDP2408383
4
Beds
0
Baths
0
½ Baths
0.44
Acres
Neighborhood:
Olde Carlsbad
County:
San Diego
Area:
Carlsbad (92008)
Property Description
Incredible opportunity for potential future development for the creative investor or homeowner that wants to create cash flow. Located about a half mile to Carlsbad Village & Beaches and blocks from Carlsbad High & Valley Middle School. City planning guidance suggests that with a combination of SB9 and CA ADU laws a Single Lot Duplex configuration could facilitate the development of two primary residences along with an ADU and JADU. Current rents are approximately $8500 per month. Incredible opportunity for potential future development for the creative investor or homeowner that wants to create cash flow. Located about a half mile to Carlsbad Village & Beaches and blocks from Carlsbad High & Valley Middle School. City planning guidance suggests that with a combination of SB9 and CA ADU laws a Single Lot Duplex configuration could facilitate the development of two primary residences along with an ADU and JADU. Current rents are approximately $8500 per month.
Exterior Features

Pool N/K Site CurbsSidewalks Spa N/K

Interior Features

Cooling N/K Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Units With Range Oven 3

Property Features

Actual Cap Rate 4.1 Annual Expense Actual 750 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 84000 Home Owners Fees 0.0 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3000.0 Unit2 Rent Actual 3400.0 Unit3 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Gary Massa of eXp Realty of California, Inc: 760-889-7701. Listing information © 2024 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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