**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.
| MLS # | ML82057002 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $400 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1982 |
| Days On Site | 27 |
| Listing Provided By | Marcus & Millichap | Fred Rubio |
| SQ Feet | 3,872 |
|---|---|
| Garage | 3 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | Zone R-H |
| Acreage | 0.26 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | Yes |
|---|
| Property | 20647 |
|---|
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Scotts Valley |
| Zip Code | 95066 |
| Area | 699 Not Defined |
| Listing VS Median (in 95066) | |
Price: $1,750,000 low | high Med: $1,157,500 sqft: 3,872 low | high Med: 2,191 $ / sqft: $452 low | high Med: $538 On site: 27 low | high Med: 31.5 | |
| State | CA |
|---|---|
| County | Santa Cruz |
| City | Scotts Valley |
| Zip Code | 95066 |
| Area | 699 Not Defined |
| Listing VS Median (in 95066) | |
Price: $1,750,000 low | high Med: $1,157,500 sqft: 3,872 low | high Med: 2,191 $ / sqft: $452 low | high Med: $538 On site: 27 low | high Med: 31.5 | |
![]() | $1,469,500214 Belair DriveScotts Valley, CA 95066 |