ResidentialIncome — 24 Meadow Way, Scotts Valley, CA
$1,750,000
24 Meadow Way, Scotts Valley, CA
About this property
**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.
Property details
Location
24 Meadow Way • Scotts Valley, CA 95066
Listed by
Fred Rubio · Marcus & Millichap