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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

Listed by Fred Rubio • Marcus & Millichap

$1,750,000

Est. payment - /mo

3,872 SqFt

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Open House

Wed Aug 19, 11:30am - 1:00pm

Wed Aug 26, 11:30am - 1:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,872 sqft

Price per Sqft $451

MLS Listing ID ML82057002

HOA Y/N No

Year Built 1982

Lot Size 0.260 Acres

Property Sub-Type Quadruplex

Source Datashare MLSListings

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.

Location

State CA

County Santa Cruz

Interior

Heating Forced Air

Cooling No Air Conditioning

Flooring Laminate, Tile

Fireplace No

Schools

School District Scotts Valley Unified, Scotts Valley Unified

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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24 Meadow Way Scotts Valley, CA 95066

Patricia Beattie

Open House

Key Details

Location

Interior

Schools

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