1045 51 Meadowlake Drive, Vista, CA 92084

About this fourplex

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)

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

Sale history

$1,550,000

Sold February 2026 · listed $1,587,500, on market October 2025 · MLS #NDP2509673 · 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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