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1045 Meadow Lake Dr Vista, CA 92084

For Sale
$1,587,500

Four-unit apartment community with value-add potential in Vista, CA.

Lot size:
0.30 Acres

Property Features for 1045 Meadow Lake Dr

General Information

Lot size
0.30 Acres

Building Details

Year built
1968

Source: DP Properties Agent Dave Plutner

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Vista Multifamily Investment Opportunity

The Meadowlake Apartment Homes present an opportunity to acquire a four-unit apartment community located in Vista, CA. The property features four units, each offering 1,116 square feet of living space with two bedrooms and two bathrooms. Each apartment includes a garage, an additional dedicated parking space, and a back patio. Select units have been fully renovated and are achieving market rents, while others present an opportunity for rehabilitation to add value or to maintain with continued rent growth. The property includes drought-resistant landscaping to minimize expenses. A laundry room provides additional income. The units offer a feel of small homes rather than apartments. The property is located at 1045 51 Meadowlake Dr, Vista, CA 92084. (1037-43 Meadowlake Dr. - Adjacent 4 plex for sale as well - Selling together)
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Vista
County
San Diego
State
California
Longitude
-117.2273598
Latitude
33.2103607

FAQs

What type of property is this?
Quadplex - Four-unit apartment community with value-add potential in Vista, CA.
Where is this quadplex located?
The property is located at 1045 Meadow Lake Dr Vista, CA.
What is the asking price?
The asking price for this property is $1,587,500.
What are key features of this property?
This property features: - High cashflow property with a high cap rate and low price per sq.ft.; - All units are large (1,116 sq.ft.) with 2 bedrooms and 2 bathrooms.; - Each unit includes a garage, dedicated parking space, and back patio.
More about this property
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