Updated Oct 29, 2024
1241 Carlsbad Village Drive Office Sold For $2.73M With Commercial Asset Advisors' Brian Jenkins & Gino Kalasho
1241 Carlsbad Village Drive, Carlsbad, California 92008, United States
$2,730,000
$455,000/SF
Building Size
6 SF
Asset Type
Office
Closing
Jun 1, 2023
About this deal
AI
The office property located at 1241 Carlsbad Village Drive in Carlsbad has been sold for $2,730,000. The transaction took place on January 6, 2023. The property spans a total of 6,288 square feet, resulting in a price per square foot of $434.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $2,730,000
- Date: January 6, 2023
- Address: 1241 Carlsbad Village Drive
- Market: Carlsbad
The buyer in this transaction was 1241 Carlsbad Village Drive, LLC, while the seller was The Yocum Family Trust. The deal was facilitated by Brian Jenkins & Gino Kalasho of Commercial Asset Advisors acting as brokers.
On the Map
$2,730,000
$455,000/SF
Office
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Carlsbad Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.81%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93