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In-PersonVirtual Tour
$ 3,175,000
Est. payment | /mo
$ 3,175,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2509675
HOA Y/N No
Year Built 1968
Annual Tax Amount $34,290
Tax Year 2024
Property Sub-Type Multi Family
Property Description
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!
Location
State CA
County San Diego
Area 92084 - Vista
Zoning R-3
Interior
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 8
Building
Lot Description Sprinkler System
Story 1
Others
Tax ID 1760303000
Acceptable Financing Cash, Cash to Existing Loan, Conventional
Listing Terms Cash, Cash to Existing Loan, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509675
Listed by Dave Plutner DP Properties dplutner@gmail.com
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”