141-145 Cherry Ave, Carlsbad, CA 92008
Local realty services provided by:ERA Donahoe Realty
141-145 Cherry Ave,Carlsbad, CA 92008
$11,050,000
- - Beds
- - Baths
- 5,935 sq. ft.
- Multi-family
- Active
Listed by: craig stewart
Office: acre investment real estate
MLS#:230009615
Source:San Diego MLS via CRMLS
Price summary
- Price:$11,050,000
- Price per sq. ft.:$1,861.84
About this home
Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 13 unit apartment investment was built in 1959 and consists of 11 one bedroom/one bath units, 1 two bedroom/one bath house, and 1 non-conforming studio. 00 These units are located on two adjoining parcels, APN 204-232-15-00 and APN 204-232-16-00. The property amenities include off-street parking, lush tropical landscaping, and small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area, and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash ?ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the
Contact an agent
Home facts
- Listing ID #:230009615
- Added:111 day(s) ago
- Updated:November 14, 2025 at 02:50 PM
Rooms and interior
- Living area:5,935 sq. ft.
Heating and cooling
- Heating:Wall
Structure and exterior
- Roof:Composition, Tar & Gravel
- Building area:5,935 sq. ft.
Finances and disclosures
- Price:$11,050,000
- Price per sq. ft.:$1,861.84
New listings near 141-145 Cherry Ave
- New
$2,849,000Active5 beds 5 baths4,225 sq. ft.7327 Circulo Papayo, Carlsbad, CA 92009
MLS# 250044029Listed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$1,699,900Active4 beds 2 baths1,644 sq. ft.3575 Madison Street, Carlsbad, CA 92008
MLS# NDP2510830Listed by: CENTURY 21 AFFILIATED - New
$899,000Active2 beds 2 baths1,119 sq. ft.4590 Salem Place, Carlsbad, CA 92010
MLS# NDP2510809Listed by: COMPASS - Open Sat, 11am to 2pmNew
$2,995,000Active4 beds 4 baths3,964 sq. ft.1341 Mallard Court, Carlsbad, CA 92011
MLS# OC25260132Listed by: REEVE BROKERAGE INC. - Open Sun, 1 to 4pmNew
$1,099,000Active4 beds 3 baths1,943 sq. ft.2062 Avenue Of The Trees, Carlsbad, CA 92008
MLS# NDP2510786Listed by: PACIFIC SOTHEBY'S INT'L REALTY - Open Sat, 1 to 4pmNew
$1,049,000Active3 beds 3 baths1,916 sq. ft.4718 Amberwood Ct, Carlsbad, CA 92008
MLS# 250043892SDListed by: EXP REALTY OF CALIFORNIA, INC. - Open Sat, 2 to 4:30pmNew
$949,000Active2 beds 3 baths1,180 sq. ft.909 Caminito Madrigal #B, Carlsbad, CA 92011
MLS# NDP2510780Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$879,000Active2 beds 1 baths839 sq. ft.811 Caminito Del Sol, Carlsbad, CA 92011
MLS# 250043864Listed by: KELLER WILLIAMS REALTY - New
$879,000Active2 beds 1 baths839 sq. ft.811 Caminito Del Sol, Carlsbad, CA 92011
MLS# 250043864SDListed by: KELLER WILLIAMS REALTY - Open Sun, 12 to 3pmNew
$1,875,000Active4 beds 3 baths2,462 sq. ft.7146 Sitio Destino, Carlsbad, CA 92009
MLS# NDP2510757Listed by: SIGNATURE PROPERTIES