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    141 Cherry Avenue

    Carlsbad, CA 92008
    • $2,800,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 200050144
    UPDATED: 32 min ago
    $2,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    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 property+GGs 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: ,,,,

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T23:26:40.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

    www.amayarealestategroup.com/homes/111455263
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    141 Cherry Avenue Carlsbad, CA 92008

    • Price: $2,800,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 200050144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    Neighborhood:
    92008 - Carlsbad
    County:
    San Diego
    Area:
    92008 - Carlsbad
    Property 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 property+GGs 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: ,,,,
    Exterior Features

    Carport Spaces 7.00 Construction Materials PlasterStucco Lot Size Units Square Feet Parking Total 7.00 Roof Composition

    Interior Features

    Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 3.12 Country Us Gross Scheduled Income 136080.00 Net Operating Income 87429.00 Operating Expense 45928.00 Other Income1 0.00 Property Sub Type Commercial/Residential Total Monthly Rent 11336 Zoning R-4

    Listing provided courtesy of Craig Stewart of Acre Investment Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-28T23:26:40.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.

     
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    A|G Amaya Group Real Estate
    27150 Eucalyptus Ave., Suite A
    Moreno Valley CA, 92555