$1,095,000
●
Land -
Off Market
3304 Roosevelt #R
Carlsbad, CA 92008
Studio
0 Bath
$5,377
Est. Monthly
About This Property
This prime property rests in the cultural epicenter of historic
Carlsbad and offers a wealth of opportunity! The intersection of
Roosevelt and Walnut bordered by Lola's Market and a Barrio Museum
has long been considered the heart of the historic "Barrio" as
described by the Carlsbad Village and Barrio Master Plan. This
property is 4,389 square feet, has approximately 70 feet of
frontage on Walnut and 60 feet of usable alley access. It is zoned
Mixed Use per the Master Plan which encourages the growth of the
downtown commercial village to the Barrio with residential,
commercial, or a combination of development types. Located less
than ½-mile to the beach, 3 blocks to Carlsbad Village Drive, 1
block to Pine Park and Chase Field. With very flexible zoning,
excellent proximity to schools, some of San Diego's finest
restaurants, shopping, and I-5 freeway, this is the perfect
location to bring your vision to life and make your contribution to
Carlsbad's rich cultural heritage.
Unit Size
-
Days on Market
93 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (SDMLS #NDP2503891)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed by Keller Williams Realty | $1,095,000 | |
| Listed by Keller Williams Realty | |||
| Jun 3, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2024 | Listed by Keller Williams Realty | $1,150,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This prime property rests in the cultural epicenter of historic Carlsbad and offers a wealth of opportunity! The intersection of Roosevelt and Walnut bordered by Lola’s Market and a Barrio Museum has long been considered the heart of the historic “Barrio” as described by the Carlsbad Village and Barrio Master Plan. This property is 4,389 square feet, has approximately 70 feet of frontage on Walnut and 60 feet of usable alley access. It is zoned Mixed Use per the Master Plan which encourages the growth of the downtown commercial village to the Barrio with residential, commercial, or a combination of development types. Located less than ½-mile to the beach, 3 blocks to Carlsbad Village Drive, 1 block to Pine Park and Chase Field. With very flexible zoning, excellent proximity to schools, some of San Diego’s finest restaurants, shopping, and I-5 freeway, this is the perfect location to bring your vision to life and make your contribution to Carlsbad’s rich cultural heritage.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Carlsbad
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Listed by: Phil Gibbs, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2503891
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2503891
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