$2,800,000

141 Cherry Avenue

Carlsbad CA, 92008

Description

We are 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 propertys 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. Amenities: None Exterior: ,,,,

Details

MLS#200050144
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site164

Features

Units7
ZoningR-4

Market Activity 92008

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Area Information
StateCA
CountySan Diego
CityCarlsbad
Zip Code92008
Area92008 - Carlsbad
Listing VS Median (in 92008)
Price:
$2,800,000
low | high
Med:
$1,295,500
100% of Average
On Site:
164
low | high
Med:
73
100% of Average
Sourced by Back At You
Listing Updated: February 25, 2021 3:47:31 PM PST
Craig Stewart LogoMLS Number: 200050144
Listing Provided By:
Craig Stewart  of  Acre Investment Real Estate
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.