Erin Barry
Seven Gables Real Estate
(424) 688-7302
25 Total Sales
1 in Vista
$762,000 Price
1045-51 Meadow Lake Dr Vista, CA 92084
Vista Area
8
Beds
8
Baths
4,464
Sq Ft
0.3
Acre Lot
Highlights
- No Units Above
- Laundry Facilities
- 1-Story Property
- No HOA
- No Heating
About This Home
As of February 2026We 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)
Last Agent to Sell the Property
DP Properties Brokerage Email: dplutner@gmail.com License #01273425 Listed on: 10/05/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 12,867 Sq Ft Lot
- No Units Above
- No Units Located Below
- Sprinkler System
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,464 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- No Heating
- Sewer Assessments
Listing and Financial Details
- Tax Tract Number 12236
- Assessor Parcel Number 1760303100
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Trash Expense $1,300
- Water Sewer Expense $1,980
- New Taxes Expense $17,145
- Operating Expense $39,432
- Gross Income $122,208
- Net Operating Income $84,943
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 2, 2025
Sold by
Foster Bradley H and Foster Melissa E
Bought by
Purchase Details
Listed on
Jun 28, 2021
Closed on
Aug 19, 2021
Sold by
Dsw Vista Llc
Bought by
Foster Bradley H and Foster Melissa E
Seller's Agent
Jacob Driver
Compass
Buyer's Agent
Carlos Barajas
Keller Williams San Jose Gateway
List Price
$1,150,000
Sold Price
$1,170,000
Premium/Discount to List
$20,000
1.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 27, 2020
Sold by
Sheetz Royce Jay and Driver Michael D
Bought by
Dsw Vista Llc
Purchase Details
Closed on
Feb 5, 2020
Sold by
Sheetz Priscilla
Bought by
Sheetz Royce Jay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 8, 2019
Sold by
Dsw Vista Llc
Bought by
Driver Michael D and Driver Rebecca L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 2, 2013
Sold by
Sheetz Royce Jay
Bought by
D S W Vista Llc and Sheetz Royce
Purchase Details
Closed on
Feb 22, 2012
Sold by
Dsw Vista Llc and Sheetz Royce
Bought by
Sheetz Royce Jay and Royce Jay Sheetz Revocable Trust
Purchase Details
Closed on
Jan 28, 2005
Sold by
Driver Michael D and Driver Rebecca L
Bought by
Dsw Vista Llc
Purchase Details
Closed on
Jul 15, 2002
Sold by
Dlugos Scott E
Bought by
Sheetz Royce Jay and Sheetz Renee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2000
Sold by
Vista Medical & Dental Arts
Bought by
Dlugos Scott E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.71%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Vista, CA
-
Erin Barry
-
Alissa Anderson
Alissa Anderson
TurboHome Brokerage Inc.
(901) 402-1681
46 Total Sales
1 in Vista
$1,450,000 Price
-
Duaine Bidwell
Duaine Bidwell
Willis Allen Real Estate
(858) 602-1659
14 Total Sales
1 in Vista
$865,000 Price
-
Bryan Devore
Bryan Devore
Berkshire Hathaway HomeService
(442) 264-0879
189 Total Sales
3 in Vista
$610K - $850K Price Range
-
Ernesto Rivera
Ernesto Rivera
PROPR Real Estate Inc.
(858) 289-0416
36 Total Sales
2 in Vista
$790,000 Price Range
-
Alice Greliak
Alice Greliak
Responds QuicklyCompass
(844) 577-5519
113 Total Sales
1 in Vista
$713,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,100,000 | Chicago Title | ||
| Foster Bradley H | $2,340,000 | First American Title | |
| Dsw Vista Llc | -- | None Listed On Document | |
| Sheetz Royce Jay | -- | Lawyers Title | |
| Driver Michael D | -- | Lawyers Title | |
| D S W Vista Llc | -- | None Available | |
| Sheetz Royce Jay | -- | None Available | |
| Dsw Vista Llc | -- | -- | |
| Sheetz Royce Jay | $495,000 | Lawyers Title | |
| Dlugos Scott E | $380,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,280,000 | ||
| Previous Owner | Sheetz Royce Jay | $319,000 | |
| Previous Owner | Driver Michael D | $319,000 | |
| Previous Owner | Sheetz Royce Jay | $312,489 | |
| Previous Owner | Sheetz Royce Jay | $371,250 | |
| Previous Owner | Dlugos Scott E | $304,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/11/2026 02/11/26 | Sold | $1,550,000 | -2.4% | $347 / Sq Ft | |
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 11/16/2025 11/16/25 | For Sale | $1,587,500 | 0.0% | $356 / Sq Ft | |
| 10/22/2025 10/22/25 | Pending | -- | -- | -- | |
| 10/05/2025 10/05/25 | For Sale | $1,587,500 | +35.7% | $356 / Sq Ft | |
| 08/24/2021 08/24/21 | Sold | $1,170,000 | +1.7% | $262 / Sq Ft | View Prior Sale |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- | |
| 06/28/2021 06/28/21 | For Sale | $1,150,000 | -- | $258 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $16,148 | $1,266,444 | $974,188 | $292,256 |
| 2025 | $15,344 | $1,241,613 | $955,087 | $286,526 |
| 2024 | $15,344 | $1,217,268 | $936,360 | $280,908 |
| 2023 | $15,024 | $1,193,400 | $918,000 | $275,400 |
| 2022 | $14,991 | $1,170,000 | $900,000 | $270,000 |
| 2021 | $9,343 | $662,312 | $267,599 | $394,713 |
| 2020 | $9,278 | $655,522 | $264,856 | $390,666 |
| 2019 | $9,154 | $642,669 | $259,663 | $383,006 |
| 2018 | $8,798 | $630,069 | $254,572 | $375,497 |
| 2017 | $8,671 | $617,716 | $249,581 | $368,135 |
| 2016 | $8,475 | $605,605 | $244,688 | $360,917 |
| 2015 | $6,601 | $596,509 | $241,013 | $355,496 |
| 2014 | $6,441 | $584,825 | $236,292 | $348,533 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Plutner
Seller's Agent in 2026
Dave Plutner
DP Properties
(858) 964-8087
24 Total Sales
-
Eric von Bluecher
Buyer's Agent in 2026
Eric von Bluecher
Lee & Associates
(760) 929-7846
16 Total Sales
-
JD
Seller's Agent in 2021
Jacob Driver
Compass
-
CB
Buyer's Agent in 2021
Carlos Barajas
Keller Williams San Jose Gateway
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2509673
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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