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1037 51 Meadowlake Drive, Vista, CA 92084

Commercial property

1037 51 Meadowlake Drive, Vista, CA 92084 Sold February 2026 CRMLS
$3,100,000Sold February 2026

Listing Agent: Dave Plutner (DRE #01273425) · Listing Office: DP Properties · Contact: dplutner@gmail.com · Bought with: Eric von Bluecher · Lee & Associates · MLS #NDP2509675 · Source: CRMLS

8,928
Building Sq Ft
8
Units
5.35%
Cap Rate
$169,886
NOI
1968
Year Built
R-3
Zoning
Commercial property
Type

About this commercial property

We are pleased to offer for sale the opportunity to acquire the Meadowlake Apartment Homes, an 8 unit apartment community in Vista CA. Built on 2 parcels, each 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. Three (3) of the units have been fully renovated and have achieved market rent. The other five (5) units 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!

Listing description from the February 2026 sale, as reported to CRMLS.

Sale history

$3,100,000
Sold February 2026 · listed $3,175,000, on market October 2025 · MLS #NDP2509675 · Source: CRMLS
Listing Agent: Dave Plutner · Listing Office: DP Properties · Contact: dplutner@gmail.com · Bought with: Eric von Bluecher · Lee & Associates
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