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Becky Campos
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DRE# #00575464
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Lake San Marcos CA Real Estate & Commercial for Sale

184 Properties Found

The median home value in Lake San Marcos, CA is $798,500 This is higher than the county median home value of $725,000. The national median home value is $308,980. The average price of homes sold in Lake San Marcos, CA is $798,500. Approximately 66% of Lake San Marcos homes are owned, compared to 27% rented, while 8% are vacant. Lake San Marcos real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lake San Marcos real estate agent to arrange a tour today!
Learn more about Lake San Marcos.


Showing Homes Nearby Lake San Marcos, CA

$325,000

2598 Fortune Way #B Vista, CA 92081

Beds:
n/a
Baths:
Sq.Ft.:
725
Status:
Active
MLS#:
PW19226502
Type:
Industrial, Business Opportunities
Lot size:
2.54 Acres
Listing Agent: Teri Heuer CalDRE: 01202023 - Mark 1 Real Estate, Inc., 951-640-2923 Teri Heuer CalDRE: 01202023
View additional info

Industrial Commercial Condo - Fortune Way Business Park, Vista CABuilding has Two entrances - Front Door access and Roll up door access, Roll up door is located in the warehouse.The warehouse space has storage downstairs and upstairs but will not hold a vehicle inside.There is a main entry area which includes a reception area, break area and bathroom. The office space between the main entry and warehouse could accommodate a couple of desk or it can be used as a small showroom area, depending on your needs. There is an owner association in this small business park, so the grounds are always maintained. This small business park is located at the end of a cul de sac road, in the City of Vista, California.Do not disturb the tenants.

$2,245,000

Address Not Available Carlsbad, CA 92009

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
NDP2402469
Type:
Multi-Family, Business Opportunities
Lot size:
0.4 Acres
Listing Agent: James Jam - Berkshire Hathaway HomeService, james@jamesjam.com James Jam
View additional info

Minutes to the ocean and close to renown La Costa resort and golf course, in sought after South Carlsbad find this large level lot with plans for 9 luxury condos. One of the very few remaining lots in the La Costa area, with plans for 9 - 3 bedroom condos totaling 15,994 square feet. All utilities to the street. Sewer connection for 7 units has been paid. Soils report available. This large level lot is located in one of the most desirable areas of north San Diego coastal communities. Close to major shopping and restaurants. See attached documents for plans.

$32,000,000

1470 S Santa Fe Ave Vista, CA 92084

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240004039SD
Type:
Mixed Use, Business Opportunities
Lot size:
3.51 Acres
Listing Agent: Brittany Hahn Games CalDRE: 01983072 - Coldwell Banker West Brittany Hahn Games CalDRE: 01983072
View additional info

Welcome to our premier commercial residential income property, featuring 45 newly built units completed in 2022. These spacious townhomes offer contemporary living with a bright and airy great room style on the first floor, showcasing modern kitchens, luxurious hard surface flooring, and expansive living areas. Upstairs, residents will find two bedrooms, including a primary suite boasting a large dual walk-in closet and private bathroom. Each townhome comes equipped with a two-car garage and essential appliances such as a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. ****Additionally, this property presents a unique opportunity with an adjacent lot (.7 Acre) included in the transaction, offering potential for expansion with up to 8 additional units and/or parking availability necessary to convert existing 2 bedroom units into 3 bedroom units.

$260,000

330 Rancheros Dr., Unit 232 San Marcos, CA 92069

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240009233SD
Type:
Business Opportunities
Listing Agent: Phillip Linton CalDRE: 01242776 - Linton Commercial R.E., Inc. Phillip Linton CalDRE: 01242776
View additional info

Professional office condominium. Just renovated with new floors, lights, & paint. Common area rest rooms, conf. room, coffee bar, lounge, & elevator..

$259,000

110 Civic Center Dr #14 Vista, CA 92084

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003703SD
Type:
Business Opportunities
Listing Agent: Julie Houston CalDRE: 01248182 - Compass Julie Houston CalDRE: 01248182
View additional info

Located in the Rio Vista building within the Rancho Buena Vista Professional Center in Downtown Vista. Large open space with two private offices. Unisex restroom in the suite. Tons of amenities in the surrounding areas, restaurants, trolley stop, etc.

$1,900,000

836 Sinkler Way Vista, CA 92083

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240003518SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.34 Acres
Listing Agent: Erik Anderson CalDRE: 01991182 - NorthMarq Multifamily Erik Anderson CalDRE: 01991182
View additional info

836 Sinkler Way is a well-maintained property that is comprised of four 2 bedroom/1 Bathroom units, and a spacious 4 Bedroom/2-bathroom house, with below market rents. All of the 2-bedroom units have undergone extensive renovations in 2023. The 4-bedroom house presents a unique opportunity for a savvy investor to convert the house into two separate rentable units, adding significant value and increased cash flow. The property offers an ample eight on-site parking spaces, six of which are within a secure carport. Can be sold individually or in a portfolio with 8602-08 Hurlbut St.

$4,995,000

21505 Trail Blazer Ln Escondido, CA 92029

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230016330SD
Type:
Business Opportunities
Lot size:
2.89 Acres
Listing Agent: Mark Marquez CalDRE: 01232386 - Compass Mark Marquez CalDRE: 01232386
View additional info

Harmony Grove Village Center, a rare offering of two parcels entitled for commercial retail centered in a new underserved residential development. Parcel 235-571-571-17 features 1.62 acres with site plans to accommodate a 11,000 sq ft plus mezzanine and a 5,000 sq foot of additional shops/restaurants. Parcel 235-570-56 features 1.27 acres with site plans to accommodate 7,500 sq ft of shops/restaurants and the historic Johnson Ward Homes that provides another 2,000 square feet of possible office/medical space. City may consider modification to live/work/play units. New roads from Citracado provide exceptional area access from Escondido, Elfin Forest and San Elijo Hills. Exceptional demographics are excellent for anchor boutique grocery store, preschool/daycare, salon, and quick service deli/food service and/or restaurant.

$4,500,000

410 E Olive Street San Marcos, CA 92069

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
23299731
Type:
Business Opportunities
Lot size:
3.24 Acres
Listing Agent: Ch. (Linda) Tumen CalDRE: 01841076 - One Properties Ch. (Linda) Tumen CalDRE: 01841076
View additional info

Orchid Greenhouse is a fully functional and in well maintained condition. Property is currently used for Orchid flower production. The property is zoned Agricultural and has 4 permitted greenhouses. This property to be sold together with Fully Set Up only One in So. CA "Orchid" downtown flower business. Asking Price is $4.5MM (both business/real estate) including $1.3 MM inventory. Flora Caly was founded in the Flower District of DTLA about 20 years ago. Flower Clay is located at 766 San Julian Street, Los Angeles, CA 90014, and the Orchid Greenhouse is in San Marcos, CA. Flora Clay imports a baby orchid from Taiwan, cultivates it, and produces a commercial orchid in 6 months. Then, deliver them to DTLA and San Diego area. Flora Clay is the only "Orchid" supplier in Southern California, and there is still room for growth. The founder is planning to retire. DTLA's gross sales approximately $2.3MM in the first six months, while San Marco's is around $1.1MM. The second half of the year is often busier with larger gross revenues. DTLA has 13 employees/San Marcos has 11 employees. Flora Clay has been supplying orchids to two consignments in the Flower District of DTLA on monthly basis for the last 17 years.

$2,300,000

1863 Sunset Drive Vista, CA 92081

Beds:
n/a
Baths:
Sq.Ft.:
167,706
Status:
Active
MLS#:
SW24062442
Type:
Land, Business Opportunities
Lot size:
3.85 Acres
Listing Agent: Scott Ries CalDRE: 01007484 - RE/MAX One, 951-733-1609 Scott Ries CalDRE: 01007484
View additional info

Beautiful Pristine nearly 4 acre view lot for sale in very desirable area of Vista, California. Property is located in a secluded enclave of Vista off Sunset Drive and is surrounded by existing single-family homes on 1/4 acre, 1/2 acre and one acre lots. Further west of the property is an existing higher density PUD development. The property fronts on an improved street (Aliento Ct.) in the City of Vista with access to water, sewer, gas and electric. Currently the property is within San Diego County bordering the City of Vista and the zoning is RR Rural Residential. The City of Vista has already indicated that it will entertain annexation proposals of the property to the City with a suggested zone change to R-1 allowing a possible density of 5 units per acre. The 3.85 acre portion is part of an existing 5.04 acre parcel. Centrally located near the 78 FWY, shopping and schools it is ideal for residential development.

$12,000,000

380 Plymouth Dr Vista, CA 92083

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230018769SD
Type:
Mixed Use, Business Opportunities
Lot size:
1.45 Acres
Listing Agent: Jeff Diller CalDRE: 01959483 - South Coast Commercial, Inc. Jeff Diller CalDRE: 01959483
View additional info

SELLER FINANCING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! We are pleased to present 380 Plymouth Drive, a charming 32-unit multifamily community located in Vista, California. Built in 1986, this extremely well-maintained asset consists of (13) 700 SF One Bedroom / One Bath units & (19) 950 SF Two Bedroom / Two Bath units. Assumable debt at 5% interest only. Loan balance $7.3M

$780,000

700 Townsite Drive Vista, CA 92084

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
PTP2400637
Type:
Office, Business Opportunities
Lot size:
4,876 Sq. Ft.
Year built:
1960
Listing Agent: Kevin Chhum CalDRE: 02162821 - ShoppingSDHouses, YourSoCalSDAgent@gmail.com Kevin Chhum CalDRE: 02162821
View additional info

Discover an exceptional opportunity with this free-standing building, boasting approximately 900 square feet of meticulously remodeled space on a generous 4800 square foot lot. Your investment comes complete with private parking, making it an ideal spot for a range of businesses. Step into a modern interior featuring newer flooring, fresh paint, stylish cabinetry, and recessed lighting, creating a professional and inviting atmosphere. The well-designed layout includes a spacious open front office/reception area, three separate private offices, a convenient break room with a kitchenette, and a private, handicap-accessible bathroom. The main front entrance, accentuated by double doors, provides a welcoming gateway for clients and customers. Additionally, a separate side entrance enhances accessibility. Your business will benefit from a large private parking lot in front of the building, offering five dedicated spaces (including one handicapped space) with room for additional vehicles. The fenced and gated side and rear areas further expand possibilities for extra parking or storage. Centrally located in Downtown Vista, this property ensures easy access off East Vista Way. It's strategically positioned just minutes away from the revitalized and bustling Vista Village Commercial District, making it a hub of local activity. Currently, the building is tenant-occupied, providing a steady income stream until December 2023. The property is equipped with central forced air gas cooling, ensuring a comfortable environment year-round. Don't miss out on this rare chance to own a fully remodeled, versatile commercial space in a prime location. Seize the opportunity to be part of the dynamic business landscape in Vista!

$899,000

664 Townsite Drive Vista, CA 92084

Beds:
n/a
Baths:
Sq.Ft.:
1,488
Status:
Active
MLS#:
TR24028731
Type:
Mixed Use, Business Opportunities
Lot size:
0.13 Acres
Listing Agent: Jonathan Minerick CalDRE: 01523060 - Homecoin.com, 888-400-2513 Jonathan Minerick CalDRE: 01523060
View additional info

$5,500,000

Address Not Available Encinitas, CA 92024

Beds:
n/a
Baths:
Sq.Ft.:
7,579
Status:
Active
MLS#:
NDP2305966
Type:
Office, Business Opportunities
Lot size:
0.55 Acres
Year built:
1998
Listing Agent: Jeff Kane CalDRE: 01915649 - Coldwell Banker West, JeffKaneRE@gmail.com Jeff Kane CalDRE: 01915649
View additional info

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

$679,000

Address Not Available Vista, CA 92083

Beds:
n/a
Baths:
Sq.Ft.:
576
Status:
Active
MLS#:
NDP2309060
Type:
Mixed Use, Business Opportunities
Lot size:
8,340 Sq. Ft.
Year built:
1956
Listing Agent: Cristine Clark CalDRE: 00675233 - First Team Real Estate, Cristine@CristineClark.com Cristine Clark CalDRE: 00675233
View additional info

Excellent Development Potential! This large corner lot with high traffic visibility is zoned M-U, Mixed Use. Residential and/or commercial - retail, restaurant, office, market, live-work units, small animal clinic, so many options! There is currently a cute 2BR/1BA home with tile floors, a remodeled bath and inviting porch area. The property is fully fenced with a shed and tons of parking.

$2,700,000

1524 N Coast Highway 101 Encinitas, CA 92024

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230009912SD
Type:
Other
Lot size:
0.19 Acres
Listing Agent: Jonathan Minerick CalDRE: 01523060 - HomeCoin.com Jonathan Minerick CalDRE: 01523060
View additional info

DEVELOPMENT OPPORTUNITY. Opportunity to create either a Mixed Use Development or 100% Residential Development. Existing building in highly desirable location offer a unique redevelopment opportunity along North Coast Highway 101 in Encinitas, CA only steps from Grandview Surf Beach. This unparalleled location is situated between local retail, restaurants and eateries. and the outdoor parks, beaches and views unique to the San Diego Coastline. Adjacent to new development that achieved record high sale pricing for both residential and commercial.

$595,000

531 Encinitas Boulevard #202 Encinitas, CA 92024

Beds:
n/a
Baths:
Sq.Ft.:
1,504
Status:
Active
MLS#:
NDP2308396
Type:
Office, Business Opportunities
Lot size:
2.6 Acres
Year built:
1984
Listing Agent: Jan Stubbs CalDRE: 01823697 - HomeSmart Realty West, stubsjan@gmail.com Jan Stubbs CalDRE: 01823697
View additional info

1504 Sq Ft of 2nd Floor Office space currently divided into 2 Suites, 202 and 203. 202 about 900 Sq Ft is leased to Farmer's Insurance agent for about $1767/month. Suite 203 Leased for $1650. Additional Expenses are Electricity and HOA. Both leases expire in June 2024.

$1,210,000

615 North Avenue Vista, CA 92083

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230005715SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.43 Acres
Listing Agent: Murray Weber CalDRE: 01299094 - Murray Weber, Broker Murray Weber CalDRE: 01299094
View additional info

This is a hidden gem. Property is zoned R-1 but will be Industrial. Consists of a single family home and a junior ADU, and 4 prefabbed shop units. An additional 2 shop units can be added or home can be demolished and additional 6 units can be added. Projected annual net income is $170,000 (10 shops at $17,000 per year NNN). Owner is retired and willing to sell for substantially less than projected value. Shop units are unpermitted presently. Year built is an estimate.

$1,900,000

748 N Coast Hy 101 Encinitas, CA 92024

Beds:
n/a
Baths:
Sq.Ft.:
2,006
Status:
Active
MLS#:
NDP2403021
Type:
Mixed Use, Business Opportunities
Lot size:
4,610 Sq. Ft.
Year built:
2020
Listing Agent: Rebecca Negard CalDRE: 00766272 - Pacific Sotheby's Int'l Realty, rebecca@sdrealtor.com Rebecca Negard CalDRE: 00766272
View additional info

No SIGN on property. Lots of parking. Lots of yard space. Super fun location and so close to Beacons Beach!! Very nicely redone single level house currently used as an AirBnB rental. This property is considered MIXED USE and has may legal uses. The house is a Nantucket Style Doll House. There is plenty of parking, directly in front of the parcel and on a gravel pad at back on a paved alleyway. Very private. The house is a one bedroom with space that could be an office open to the good size dining area. The bathroom and kitchen have been beautifully redone with a full size slide in gas range and oven. Back splash in the kitchen has a dramatic touch of mixed inlaid glass. Good counter space for preparation. The social areas inside and out are generous for this comfortable home. The floors are laminate and tile. There are Dutch doors are at the front and side of the house. The side patio lead to a shed for extra provisional storage, beach needs, bedding and linens. There is an outside private shower and another closet housing a stack washer and dryer. The built in surfboard rack is great to keep the boards organized. The side patio accommodates a alfresco dining and BBQ. Lots of outdoor space to entertain and host parties. Perfect inside and outside living. Possible room for an additional ADU.

$3,999,900

412 414&422-426 N Coast Hwy Encinitas, CA 92024

Beds:
n/a
Baths:
Sq.Ft.:
2,301
Status:
Active
MLS#:
NDP2400638
Type:
Mixed Use, Business Opportunities
Lot size:
5,567 Sq. Ft.
Year built:
1975
Listing Agent: Al Apuzzo Apuzzo CalDRE: 01323215 - Lee & Associates, kfischer@lee-associates.com Al Apuzzo Apuzzo CalDRE: 01323215
View additional info

$1,199,000

239 W Washington Ave. Escondido, CA 92025

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230022693SD
Type:
Business Opportunities
Listing Agent: Max Bathaee - Berkshire Hathaway HomeServices California Properties Max Bathaee
View additional info

This is an exceptional opportunity for those interested in owner user, investment, or development. The property is situated in the heart of downtown Escondido, within the opportunity zone. It offers a retail/flex/office space with a highly visible storefront, featuring a frontage that expands to 64' on W. Washington Ave. New roof with warranty. The front footage can be split into two retail stores. Separate access to upstairs units. Two back door accesses on the first floor. The location is known for its walkability, excellent location rated at 89 with walking score of 93, and transit score of 51. Easy, quick and convenient access to both Hwy 78 and 15. The building has been an owner user property and has great potential. A newer roof, with a warranty, was recently installed.

$1,500,000

Address Not Available Escondido, CA 92025

Beds:
n/a
Baths:
Sq.Ft.:
3,000
Status:
NEW LISTING
MLS#:
NDP2403932
Type:
Retail, Business Opportunities
Lot size:
3,052 Sq. Ft.
Year built:
1940
Listing Agent: Janelle Judson CalDRE: 02120325 - Judson Real Estate Janelle Judson CalDRE: 02120325
View additional info

Turnkey restaurant with FF&E included. Seller is motivated and will carry with acceptable terms. This 3,000sqft building located in the heart of Escondido, which is undergoing several phases of revitalizations, has been the host of several successful restaurants. Current business is not included in sale. Liquor license is also available.

$7,995,000

938 N Fig Escondido, CA 92026

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240007524SD
Type:
Mixed Use, Business Opportunities
Listing Agent: Corey McHenry CalDRE: 01800485 - David Santistevan Corey McHenry CalDRE: 01800485
View additional info

938 North Fig is an extensively renovated 14 Unit, 100% 3BR/2.5BA Townhome project with attached garages & private yards/patios located in Escondido, CA North County San Diego. The property was originally built in 1991 and boasts large floorplans, central AC & Heat, large back patios, pitched tile roofs, concrete driveway and low maintenance landscaping. The property has undergone recent comprehensive upgrades and is fully rented and stabilized with attractive current and market cap rates. Extensively Renovated in 2022 & 2023. Newer 1991 Construction. Large Townhomes. Priced $163k/unit below median for sale 3BR homes/townhomes/condos (+/- 1,440 SF Avg) within 0.5 miles of the property. All new full size in-unit washer/dryers 100% large 2-story 3BR units | Less than 6% of all rental stock in San Diego County are 3BRs. Attached 1 & 2-car garages & Private yards / patios. 2.2% vacancy rate for 3BR's in city of Escondido. Please contact listing agent for details and Offering Memorandum.

$5,500,000

3050 Pio Pico Drive Carlsbad, CA 92008

Beds:
n/a
Baths:
Sq.Ft.:
5,589
Status:
Active
MLS#:
NDP2308314
Type:
Land, Business Opportunities
Lot size:
0.82 Acres
Year built:
1973
Listing Agent: Robert Azimi CalDRE: 02106082 - Petrone Properties, Inc, behzadazimi2000@yahoo.com Robert Azimi CalDRE: 02106082
View additional info

Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property

$2,495,000

406 E 10TH Ave Escondido, CA 92025

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
240006841SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.46 Acres
Listing Agent: Kyle Stoner CalDRE: 01839034 - Keller Williams Realty Kyle Stoner CalDRE: 01839034
View additional info

7-UNIT prime investment opportunity in the heart of Escondido, a vibrant city known for its rich history, cultural attractions, and scenic surroundings. This 7-unit multi-family property presents an excellent chance for astute investors seeking both stability and growth in their portfolio. Nestled in a desirable neighborhood, this well-maintained multi-family property boasts units that are strategically positioned to optimize privacy while offering residents easy access to local amenities. The property is enhanced by parking for each unit, communal green space, convenient on-site laundry facilities, and limited storage availability. These features contribute to the overall appeal of the property, ensuring tenant satisfaction and retention. The property's strong financial performance and potential for further growth make it a compelling investment option in the Escondido real estate market. Don't miss the chance to add this exceptional 7-unit multi-family property to your investment portfolio. Whether you're a seasoned investor or exploring new opportunities, this property represents a solid foundation for long-term success in the dynamic Escondido real estate market.

$5,100,000

141 Cherry Carlsbad, CA 92008

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
230019662SD
Type:
Mixed Use, Business Opportunities
Lot size:
0.11 Acres
Listing Agent: Craig Stewart CalDRE: 01060001 - Acre Investment Real Estate Craig Stewart CalDRE: 01060001
View additional info

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 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. 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.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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