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$1,587,500

Est. payment - /mo

0.32 Acres Lot

Pending

1037 43 Meadowlake DR Vista, CA 92084

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NDP2509672

HOA Y/N No

Year Built 1968

Lot Size 0.324 Acres

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

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)

Location

State CA

County San Diego

Area 92084 - Vista

Zoning R-3

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Lot Description Sprinkler System

Story 1

Sewer Public Sewer

Others

Senior Community No

Tax ID 1760303000

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509672

Listed by Dave Plutner DP Properties dplutner@gmail.com

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Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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