Sold for $1,550,000

Listed by: DP Properties • Dave Plutner • Contact: 858-964-8087

Bought with: Lee & Associates

$1,550,000

1037-43 Meadow Lake Dr, Vista, CA 92084

8beds

8baths

4,464sqft

Quadruplex

Built in 1968

-- sqft lot

$1,533,900 Zestimate^®

$347/sqft

$3,316 Estimated rent

Home value

$1,533,900

$1.46M - $1.61M

$3,316/mo

Zestimate^® history

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$3,316/mo

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$9,781/mo

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$9,781/mo

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What's special

Draught resistant landscapeDedicated parking spaceBack patio

High CAP Rate! Low Price per Sq.Ft. We are pleased to offer for sale the opportunity to acquire the Meadowlake Apartment Homes, an 4 unit apartment community in Vista CA. The 4 plex consists of all large 1,116 sq.ft. Two Bedroom/Two Bath units. Each apartment home has a garage, an additional dedicated parking space, and back patio. Some of the units have been fully renovated and have achieved market rent. The others are poised for rehabilitation for value-add or keep as they are with continued rent growth. These feel like small homes rather than apartments. Draught resistant landscape keeps the expenses low. Laundry room provides additional income as well. High cashflow property in an excellent location! (1045-51 Meadowlake Dr. - Adjacent 4 plex for sale as well - Selling together)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Appliances

Laundry: Common Area

Features

Has fireplace: No
Common walls with other units/homes: No One Above,No One Below

Interior area

Total structure area: 4,464
Total interior livable area: 4,464 sqft

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 4
Uncovered spaces: 4

Features

Entry location: Front
Pool features: None

Lot

Size: 0.32 Acres
Dimensions: 71 x 199
Features: Sprinkler System

Details

Parcel number: 1760303000
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Condition

Year built: 1968

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Vista

Financial & listing details

Price per square foot: $347/sqft
Tax assessed value: $1,241,613
Annual tax amount: $16,148
Date on market: 10/5/2025
Cumulative days on market: 19 days
Listing terms: Cash to New Loan,Conventional
Total actual rent: 10982

Price history

Date	Event	Price
2/11/2026	Sold	$1,550,000-2.4%$347/sqft
Source: CRMLS #NDP2509672 Report a problem
11/21/2025	Pending sale	$1,587,500$356/sqft
Source: CRMLS #NDP2509672 Report a problem
11/17/2025	Listed for sale	$1,587,500$356/sqft
Source: CRMLS #NDP2509672 Report a problem
10/24/2025	Pending sale	$1,587,500$356/sqft
Source: CRMLS #NDP2509672 Report a problem
10/5/2025	Listed for sale	$1,587,500+220.7%$356/sqft
Source: CRMLS #NDP2509672 Report a problem
8/12/2002	Sold	$495,000+30.3%$111/sqft
Source: Public Record Report a problem
12/29/2000	Sold	$380,000$85/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$16,148 +5.2%	$1,241,613 +2%
2024	$15,344 +2.1%	$1,217,268 +2%
2023	$15,024 +0.2%	$1,193,400 +2%
2022	$14,991 +74.1%	$1,170,000 +96.5%
2021	$8,609 +0.7%	$595,408 +1%
2020	$8,546 +33.2%	$589,304 +2%
2019	$6,414 -20.9%	$577,750 +2%
2018	$8,113 +1.4%	$566,422 +2%
2017	$7,999 +2.3%	$555,317 +2%
2016	$7,818 +31.5%	$544,430 +1.5%
2015	$5,947 +2.5%	$536,253 +2%
2014	$5,803	$525,750 +0.5%
2013	--	$523,375 +2%
2012	--	$513,113 +2%
2011	--	$503,053 +0.8%
2010	--	$499,295 -0.2%
2009	--	$500,482 +2%
2008	--	$490,670 +2%
2007	--	$481,050 +2%
2006	--	$471,619 +2%
2005	--	$462,372 +2%
2004	--	$453,307 +1.9%
2003	--	$445,000 +14.8%
2002	--	$387,600 +2%
2001	--	$380,000