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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

141-145 Cherry Ave, Carlsbad

$1,235,791

4 Beds ⋅ 4 Baths ⋅ NDP2403901 MLS ⋅ PENDING Status

QUICK MOVE IN! This brand-new home has a downstairs bedroom with full bath, balcony, third floor laundry, and built uniquely for the way you live. This beautiful home includes luxury appliances, upgraded Shaker cabinets, upgraded electrical packages such as extra recessed can lights, prewire for ceiling fans, 8 doors at 2nd and 3rd floor, Electric Vehicle Charging Prewire in the garage, and many more. Buyers can still select countertops, and flooring. Coral Springs NEW HOME BUILD CONSTRUCTION - Community Highlights: Commuter-friendly location Easy access to I-5 and Hwy. 78 Convenient to downtown San Diego Only a 10-minute drive to great shopping and restaurant dining at Carlsbad Village Future community pool and spa Just 3 miles to Carlsbad beaches Zoned for highly regarded Carlsbad Unified School District Award winning schools Planned on-site dog park, bocce ball courts and tot lots Hiking & bike trails nearby Outstanding Floor Plan Highlights: Open floor plan Downstairs bedroom with full bath 9 ft. ceilings Kitchen island Granite kitchen countertops Thermofoil cabinets with brushed satin pulls Balcony Upstairs laundry room Two walk-in closets at primary bedroom Extended dual-sink vanity at primary bath Walk-in shower at primary bath Engineered stone vanity bath countertop LED Lighting throughout WaterSense labeled faucets Smart thermostat ENERGY STAR certified home - SOLAR included (owned) QUICK MOVE IN! This brand-new home has a downstairs bedroom with full bath, balcony, third floor laundry, and built uniquely for the way you live. This beautiful home includes luxury appliances, upgraded Shaker cabinets, upgraded electrical packages such as extra recessed can lights, prewire for ceiling fans, 8 doors at 2nd and 3rd floor, Electric Vehicle Charging Prewire in the garage, and many more. Buyers can still select countertops, and flooring. Coral Springs NEW HOME BUILD CONSTRUCTION - Community Highlights: Commuter-friendly location Easy access to I-5 and Hwy. 78 Convenient to downtown San Diego Only a 10-minute drive to great shopping and restaurant dining at Carlsbad Village Future community pool and spa Just 3 miles to Carlsbad beaches Zoned for highly regarded Carlsbad Unified School District Award winning schools Planned on-site dog park, bocce ball courts and tot lots Hiking & bike trails nearby Outstanding Floor Plan Highlights: Open floor plan Downstairs bedroom with full bath 9 ft. ceilings Kitchen island Granite kitchen countertops Thermofoil cabinets with brushed satin pulls Balcony Upstairs laundry room Two walk-in closets at primary bedroom Extended dual-sink vanity at primary bath Walk-in shower at primary bath Engineered stone vanity bath countertop LED Lighting throughout WaterSense labeled faucets Smart thermostat ENERGY STAR certified home - SOLAR included (owned)

4806 Parsley Ln, Carlsbad

$4,000,000

1 Beds ⋅ 2 Baths ⋅ 230019662 MLS ⋅ ACTIVE Status

Cherry Apartments are located in the desirable beach community of Carlsbad, California. This 7 unit apartment investment was built in 1958 and consists of 6 one bedroom/one bath units, and 1 non-conforming studio unit. The property amenities include off -street parking, lush tropical landscaping, and small yards/patios in select units and balconies. 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 fl 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/$400per 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 beach.

141 Cherry, Carlsbad

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,

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