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Carlsbad Apartments Near Beach

141 Cherry, Carlsbad, CA 92008

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For Sale

$4,000,000

Seven-unit apartment complex in desirable Carlsbad beach community.

Type:Mixed Use

HighLights

Prime location: Less than 1/2 block from a desirable Southern California beach.
Income potential: Opportunity to increase rents by remodeling units.
Development potential: Option to build multi‑million dollar townhomes.
Ocean views: Some units offer ocean views.
Well‑maintained: Professionally managed with pride of ownership.
Amenities: Off‑street parking, tropical landscaping, and patios/balconies.

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Listing Contact

Listed by Craig Stewart

For Sale

$4,000,000

Seven-unit apartment complex in desirable Carlsbad beach community.

Type:Mixed Use

Added:: Oct 3, 2023
Days on Market:: 984
Last Refresh:: May 12 at 9:12 pm

Property Features for 141 Cherry

General Information

Standard status: Active
Property subtype: Mixed Use

We can help!

Listing Contact

Listed by Craig Stewart

Listing agent Listed by Craig Stewart

Listing office DRE #01060001

Listing date Oct 3, 2023

Source Xome

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DRE #01060001

HighLights

Prime location: Less than 1/2 block from a desirable Southern California beach.
Income potential: Opportunity to increase rents by remodeling units.
Development potential: Option to build multi‑million dollar townhomes.
Ocean views: Some units offer ocean views.
Well‑maintained: Professionally managed with pride of ownership.
Amenities: Off‑street parking, tropical landscaping, and patios/balconies.

Overview

The Cherry Apartments, built in 1958, are located in Carlsbad, California, near the beach. This seven-unit apartment investment property includes six one-bedroom/one-bath units and one non-conforming studio unit. Property amenities include off-street parking, tropical landscaping, small yards/patios in select units, and balconies. Interiors feature gas appliances and dual-pane windows. Storage closets are located in the carport area, and some units offer ocean views. The property has been professionally managed. The property's location is less than half a block from a desirable beach and a short distance from restaurants, shopping malls, and major employers. The property offers opportunities for investors looking to add value, such as remodeling units to raise rents, remodeling units for short-term vacation rentals, or redeveloping the site for townhomes. Alternatively, the property can be maintained as is for future appreciation due to its proximity to the beach.

Property Profile Location Intelligence

Current Use by Public Records

Pavano Pan Handler Hardware & Home Improvement

Suggested Use

Location Insight

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Local Demand

City: Carlsbad
County: San Diego
State: California
Longitude: -117.3468064
Latitude: 33.1503268

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For sale
Apartment buildings
CA
Carlsbad
92008
141 Cherry

What type of property is this?

Apartment building - Seven-unit apartment complex in desirable Carlsbad beach community.

Where is this apartment building located?

The property is located at 141 Cherry Carlsbad, CA.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: Prime location: Less than 1/2 block from a desirable Southern California beach.; Income potential: Opportunity to increase rents by remodeling units.; Development potential: Option to build multi‑million dollar townhomes.