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 1,116sq.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! High Cap Rate & Low Price per sq.ft! (1037-43 Meadowlake Dr. - Adjacent 4 plex for sale as well - Selling together)
Sold for $1,550,000
Listed by: DP Properties • Dave Plutner • Contact: dplutner@gmail.com
Bought with: Lee & Associates
$1,550,000
1045-51 Meadow Lake Dr, Vista, CA 92084
8beds
8baths
4,464sqft
Quadruplex
Built in 1968
-- sqft lot
$2,601,300 Zestimate®
$347/sqft
$3,047 Estimated rent
Home value
$2,601,300
$2.29M - $2.94M
$3,047/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Dave Plutner DRE #01273425 dplutner@gmail.com,
DP Properties
Bought with:
Eric von Bluecher, DRE #01926201
Lee & Associates
Source: CRMLS,MLS#: NDP2509673
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)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: 0.3 Acres
- Features: Sprinkler System
Details
- Parcel number: 1760303100
- 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: Sewer Assessment(s)
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Vista
Financial & listing details
- Price per square foot: $347/sqft
- Tax assessed value: $1,266,444
- Date on market: 10/5/2025
- Cumulative days on market: 19 days
- Listing terms: Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Sold | $1,550,000-2.4%$347/sqft |
Source:  CRMLS #NDP2509673 Report a problem | ||
| 11/21/2025 | Pending sale | $1,587,500$356/sqft |
Source: CRMLS #NDP2509673 Report a problem | ||
| 11/17/2025 | Listed for sale | $1,587,500$356/sqft |
Source: CRMLS #NDP2509673 Report a problem | ||
| 10/24/2025 | Pending sale | $1,587,500$356/sqft |
Source: CRMLS #NDP2509673 Report a problem | ||
| 10/5/2025 | Listed for sale | $1,587,500$356/sqft |
Source: CRMLS #NDP2509673 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,266,444 +2% |
| 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 +60.5% | $1,170,000 +76.7% |
| 2021 | $9,343 +0.7% | $662,312 +1% |
| 2020 | $9,278 +30% | $655,522 +2% |
| 2019 | $7,135 -18.9% | $642,669 +2% |
| 2018 | $8,798 +1.5% | $630,069 +2% |
| 2017 | $8,671 +2.3% | $617,716 +2% |
| 2016 | $8,475 +28.4% | $605,605 +1.5% |
| 2015 | $6,601 +2.5% | $596,509 +2% |
| 2014 | $6,441 | $584,825 +0.5% |
| 2013 | -- | $582,183 +2% |
| 2012 | -- | $570,768 +2% |
| 2011 | -- | $559,578 +0.8% |
| 2010 | -- | $555,397 -0.2% |
| 2009 | -- | $556,718 +2% |
| 2008 | -- | $545,803 +2% |
| 2007 | -- | $535,102 +2% |
| 2006 | -- | $524,611 +2% |
| 2005 | -- | $514,325 +2% |
| 2004 | -- | $504,241 +1.9% |
| 2003 | -- | $495,000 +27.7% |
| 2002 | -- | $387,600 +2% |
| 2001 | -- | $380,000 |
Find assessor info on the county website
Neighborhood: 92084
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Nearby schools
GreatSchools rating
- 5/10Monte Vista Elementary SchoolGrades: K-5Distance: 1.6 mi
- 3/10Roosevelt Middle SchoolGrades: 6-8Distance: 3.6 mi
- 4/10Vista High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,601,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,601,300
- California
- San Diego County
- Vista
- 92084
- 1045-51 Meadow Lake Dr
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