24 Meadow Way, Scotts Valley, CA 95066
- $1,750,000
- 3,872
- SqFt
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- ML82057002
- Year Built
- 1982
- Living Sq. Ft
- 3,872
- Lot Size
- 11,325
- Acres
- 0.26
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
Property Description
**Unit C Vacant - Market Rent Used In Place** 24 Meadow Way offers an attractive opportunity to acquire a four-unit condo portfolio in one of Scotts Valley's most desirable residential neighborhoods. The property features four identical 2-bedroom, 1.5-bathroom units, each approximately 968 square feet with dedicated parking, providing operational simplicity and consistent tenant appeal. This uniform floor plan supports stable occupancy and straightforward rent management, while existing below-market rents offer a clear path to increased cash flow for a new owner. Built in 1985 with individual condo zoning on each unit, the property has been well-maintained and is poised for a new investor to come in, take the unit renovations to the next level and push the remaining rents to market.
Additional Information
- Taxes
- $20,647
- HOA
- 400
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Shingle
- Garage Spaces Total
- 3
- School District
- Other
- Elementary School
- Other
- Middle School
- Scotts Valley
- High School
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $108,120
Listing courtesy of Listing Agent: Fred Rubio (fred.rubioiii@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.