Light fields are 4D scene representations that are typically structured as arrays of views or several directional samples per pixel in a single view. However, this highly correlated structure is not very efficient to transmit and manipulate, especially for editing. To tackle this issue, we propose a novel representation learning framework that can encode the light field into a single meta-view that is both compact and editable. Specifically, the meta-view composes of three visual channels and a complementary meta channel that is embedded with geometric and residual appearance information. The visual channels can be edited using existing 2D image editing tools, before reconstructing the whole edited light field. To facilitate edit propagation against occlusion, we design a special editing-aware decoding network that consistently propagates the visual edits to the whole light field upon reconstruction. Extensive experiments show that our proposed method achieves competitive representation accuracy and meanwhile enables consistent edit propagation.