1037 51 Meadowlake Drive Vista, CA $ 3,175,000
1037 51 Meadowlake Drive
$ 3,175,000
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1037 51 Meadowlake Drive

Vista, CA, 92084
$ 3,175,000
Bedrooms-- Baths16.0 Sq 8,928

Monthly Estimate*

$ 19,549

Listed by DP Properties
1037 51 Meadowlake Drive, Vista, CA 92084 - Image 1
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Commercial Property for sale in Vista, CA

for $3,175,000 with 16 full baths. This 8,928 square foot building was built in 1968.

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!

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Commercial Pending

Price

$ 3,175,000

Full Bath

16

Property Type

Commercial

Taxes

$ 34,290

Style

Year Built

1968

Town/City

Vista

County/Region

San Diego

MLS | Web ID

NDP2509675

Days on Market

101

Features
General
Zoning R-3
HOA Fee 0
Year Built 1968
Property Subtype Multi Family
Tax Year 2024
Building Name Meadowlake Apartment Homes
Additional Parcels Description 1760303100
County San Diego
Net Operating Income 169886
Operating Expense 78863
Insurance Expense 6000
Property Type Commercial Sale
Special Listing Conditions Standard
Status Pending
Directions Google Maps
City Vista
Open Parking Spaces 8
Number Of Units Total 8
MLS Area 92084 - Vista
Number of Units Leased 8
Listing Terms Cash Cash to Existing Loan Conventional
Tax Annual Amount 34290
Trash Expense 2663
Additional Parcels Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509675
Building Area Units Square Feet
Standard Status Pending
Property Sub Type Additional Multi Family
Cap Rate 5.35
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N false
Laundry Features Common Area
Entry Level 1
Total Baths 0
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Exterior
Lot Features Sprinkler System
Total Parking 8
Lot Size Area 26924
Number of Buildings 2
Building Area Total 8928
Lot Size Source Public Records
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* Excluded Features
List By
Dp Properties

Broker

dplutner@gmail.com

Email

Affordability Calculator

$22,407
Per Month
87%
13%
0%
Monthly Principal & Interest
$19,549
Monthly Property Taxes
$2,858
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,175,000 Listed Price

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1037 51 Meadowlake Drive, Vista, CA, 92084 is a Commercial Property for sale at $3,175,000 with 8,928 sqft. 1037 51 Meadowlake Drive has 16.0 baths and was built in 1968. The property's zip code is 92084 which is in Vista, CA