Vista, CA 92084,1037 1043 Meadow Lake Dr DR
Vista, CA 92084,1037 1043 Meadow Lake Dr DR
Vista, CA 92084,1037 1043 Meadow Lake Dr DR
Vista, CA 92084,1037 1043 Meadow Lake Dr DR
Vista, CA 92084,1037 1043 Meadow Lake Dr DR
Vista, CA 92084,1037 1043 Meadow Lake Dr DR
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$1,170,000

$1,150,000

1.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.32 Acres Lot


SOLD DATE : 08/24/2021

Key Details

Sold Price $1,170,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NDP2107590

Sold Date 08/24/21

HOA Y/N No

Year Built 1968

Lot Size 0.323 Acres

Property Description

This property offers investors excellent cash flow potential at market rental rates. Take advantage of this instantaneous value add and watch your return on investment grow. Meadow Lake Drive is a two-parcel, eight-apartment property conveniently situated in the heart of Vista. Tenants can enjoy many amenities under a mile away including Brengle Terrace Park, Alta Vista Botanical Gardens and The Moonlight Amphitheater. Additionally, the property is centrally located near many restaurants, shops, public transportation and schools. These desirable two-bedroom, two-bathroom units offer investors excellent cash flow potential at market rental rates. The booming town of Vista is on the rise for many investors looking to capitalize on the ever-growing real estate market in San Diego County. With rents currently under market value and renovation potential, this property is perfect for an investor looking to expand their portfolio. Property to be sold in conjunction with adjacent parcel for a total of $2.3M

Location

State CA

County San Diego

Area 92084 - Vista

Zoning Multi-Family

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description Sloped Down, Near Public Transit, Rolling Slope

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 1760303000

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jacob Driver • Compass
Bought with Dave Plutner • DP Properties
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+1(562) 508-7000

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5280 E 2nd St, Long Beach, CA, 90803, USA

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