141-145 Cherry Ave, Carlsbad, CA 92008
Local realty services provided by:ERA North Orange County Real Estate
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:167 day(s) ago
- Updated:January 09, 2026 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
- Open Sat, 12pm to 3amNew
$1,799,000Active4 beds 3 baths2,284 sq. ft.1541 Turquoise Drive, Carlsbad, CA 92011
MLS# PW26005135Listed by: GREENFIELD REALTY - Open Fri, 1 to 3pmNew
$2,900,000Active4 beds 4 baths3,769 sq. ft.1313 Shorebird Lane, Carlsbad, CA 92011
MLS# NDP2600253Listed by: REALTY ONE GROUP PACIFIC - New
$489,900Active2 beds 1 baths810 sq. ft.2380 Hosp Way #238, Carlsbad, CA 92008
MLS# NDP2600258Listed by: ENDPOINT REAL ESTATE, INC. - New
$489,900Active2 beds 1 baths810 sq. ft.2380 Hosp Way #238, Carlsbad, CA 92008
MLS# NDP2600258Listed by: ENDPOINT REAL ESTATE, INC. - Open Sat, 2 to 4pmNew
$650,000Active2 beds 2 baths1,646 sq. ft.5417 Spencer Lane, Carlsbad, CA 92008
MLS# NDP2600235Listed by: HARCOURTS ONE - Open Sat, 11am to 2pmNew
$679,500Active2 beds 2 baths1,199 sq. ft.2564 Navarra Dr #115, Carlsbad, CA 92009
MLS# 2600619SDListed by: REALTY CALIFORNIA - Open Sat, 1 to 4pmNew
$1,399,000Active3 beds 3 baths1,604 sq. ft.7925 Calle Madrid, Carlsbad, CA 92009
MLS# NDP2600240Listed by: COLDWELL BANKER REALTY - New
$719,000Active2 beds 2 baths1,513 sq. ft.3438 Don Alberto, Carlsbad, CA 92010
MLS# 2600531Listed by: COMPASS - New
$2,495,000Active5 beds 4 baths3,492 sq. ft.2606 Galicia Way, Carlsbad, CA 92009
MLS# 2600536Listed by: TXR HOMES, INC. - Open Sat, 1 to 4pmNew
$1,099,000Active2 beds 2 baths1,372 sq. ft.7087 Estrella De Mar #D, Carlsbad, CA 92009
MLS# 2600562Listed by: COMPASS