tomo logo

$2,450,000

Beds
4
Baths
3.0
sq ft
2,053

1565 Chestnut Ave, Carlsbad, CA 92008

1565 Chestnut Ave

Carlsbad, CA 92008

  • 2 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$1,685,469

Lot size

0.437 acres

Price per sq ft

$1,194

Year built

1960

Price History

09/17/2024
SanDiego

SanDiego #NDP2408336

Listed
$2,450,000
+82.84%
06/15/2021
SanDiego

SanDiego #NDP2106427

Sold
$1,340,000

Schools & Community

Neighborhood: 

Olde Carlsbad

Elementary school: 

Carlsbad Unified School District

Middle school: 

Carlsbad Unified School District

High school: 

Carlsbad Unified School District

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Union Savings Bank

Loan start date

November 2022

Original loan amount

$975,000

Est. remaining balance

Not provided

Interest rate

6.02%

Loan type

Commercial

Seller

Ryan M Ashton

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/19/2024 at 9:35 AM

Listing updated: 09/18/2024 at 2:25 PM

Listed by: Gary Massa, Phone #: (888) 584-9427

MLS: SanDiego #NDP2408336

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