141 Cherry Avenue

For Sale

141 Cherry Avenue, Carlsbad, CA 92008

This Carlsbad property for sale is located at 141 Cherry Avenue. The current listed sale price for 141 Cherry Avenue is $4,000,000. 141 Cherry Avenue is situated on a lot that is 0.15 acre in size.

Contacts

broker
Craig Stewart

ACRE Investment Real Estate Services

Property Details

  • Property Type Multi-Family
  • Property Size 2,728 SF
  • Units 7
  • Lot Size 0.15 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1959
  • Year Renovated 2022
  • Date Updated Feb 3, 2025
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.ACRE Investment Real Estate Services is proud to present the Cherry Apartments located in the desirable beach community of Carlsbad, California. This 7 unit apartment investment was built in 1959 and consists of 6 one bedroom, one bathroom units and 1 non-conforming studio. The property amenities include off-street parking, lush tropical landscaping, and small yards/patios in select units, balconies, and storage units. 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 flow for years to come.
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Highlights

  • Ocean Views from Select Units
  • Amazing Location - Less than 1/2 Block to the Beach
  • Two Units Have Yards & Patios
  • Perfect Candidate for Conversion to Vacation Rentals
  • No Deferred Maintenance
  • Under-Market Rents - Room for Revenue Growth

Getting around

  • 49/100

    Walk Score ®

  • 28/100

    Transit Score ®

  • 52/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Carlsbad, CA
  • Neighborhood North Beach
  • Zip Code 92008
  • Market San Diego

Points of Interest

  • Coast Highway

    2.51 miles

  • Oceanside

    3.37 miles

  • Guajome AGSEM Ticket Office

    7.63 miles

  • Arco

    0.53 miles

  • 76

    0.69 miles

  • Chevron

    0.71 miles

  • 7-Eleven

    0.87 miles

  • Shell

    0.96 miles

  • Westmart

    1.44 miles

  • Liberty

    1.67 miles

  • Circle K

    1.90 miles

  • Mobil

    1.95 miles

  • Carlsbad - Paseo Del Norte Supercharger

    2.42 miles

  • Tamarack State Beach Parking Lot

    0.32 miles

  • Carlsbad Town Square

    0.62 miles

  • East Grove Parking Lot

    1.81 miles

  • Moreno St Park And Ride

    1.86 miles

  • Hosp Grove Main Parking

    1.86 miles

  • Turnarounds

    2.12 miles

  • Hotel guest parking

    2.78 miles

  • Employee parking

    2.82 miles

  • Transit Center Parking

    3.44 miles

  • Transit Lot

    3.49 miles

  • Best Western Plus Beach View Lodge

    0.41 miles

  • SpringHill Suites

    0.46 miles

  • Beachwalk Villas

    0.47 miles

  • Carlsbad Inn Beach Resort

    0.51 miles

  • Ocean Villas

    0.60 miles

  • Ocean Palms Beach Resort

    0.61 miles

  • Days Inn by Wyndham Carlsbad

    0.64 miles

  • Econo Lodge Inn and Suites Near Legoland

    0.66 miles

  • Hyland Inn

    0.68 miles

  • Seashore on the Sand

    0.71 miles

  • Vons

    0.76 miles

  • Smart & Final

    0.81 miles

  • Walmart Supercenter

    2.12 miles

  • Sprouts Farmers Market

    2.19 miles

  • Carlsbad Premium Outlets

    2.24 miles

  • Stater Bros.

    2.25 miles

  • Ross

    2.38 miles

  • Trader Joe's

    2.47 miles

  • Target

    2.51 miles

  • WinCo Foods

    2.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Craig Stewart

ACRE Investment Real Estate Services

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