1565 Chestnut Avenue

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.

Listing information courtesy of: Gary Massa, eXp Realty of California, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of 10/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.