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Millman Team Real Estate

$1,750,000
3,872 Sqft
0.26 Acre Lot

24 Meadow Way, Scotts Valley, California 95066

  • Residential Income Property Type
  • 3,872 Sqft Square Footage
  • 1982 Year Built
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.

Basic Details
Residential Income
For Sale
ML82057002
$1,750,000
3,872 Sqft
1982
0.26 Acre
Active
Quadruplex
: Shingle
Features
: None
: Carpet, Laminate, Tile
$0
Address Map
CA
Santa Cruz
Scotts Valley
95066
Meadow
24
Way
W123° 59' 42.8''
N37° 3' 33.6''
699 - Not Defined
Zone R-H
Neighborhood
Other
Other
Other
Scotts Valley
Additional Information
$0
$0
$0
$0
$0
: Parking
3872
: Slab
3.0
2026-08-07
2
Broker/Agent Information
Marcus & Millichap
Fred Rubio
Financial
400.0
1
20647.0
Listing Information
ML5072679
ML88226
Active
2026-08-08T15:21:53Z
CRMLS
: Standard
2026-08-07T07:14:20Z
Agent info
Ray Millman
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