**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.
Pending
$1,750,000
24 Meadow Way, Scotts Valley, CA 95066
8beds
8baths
3,872sqft
Quadruplex, Residential Income
Built in 1982
-- sqft lot
$1,735,800 Zestimate®
$452/sqft
$400/mo HOA
What's special
- 73 days
- 32
- 2
Zillow last checked:
Listing updated:
Listed by:
Fred Rubio 01984041 408-314-3009,
Marcus & Millichap 650-391-1700
Source: MLSListings Inc,MLS#: ML82057002
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Central Forced Air Gas
Cooling
- None
Appliances
- Included: Washer/Dryer
Features
- Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
- Windows: Other
Interior area
- Total structure area: 3,872
- Total interior livable area: 3,872 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, On Street
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: Bathroom Features, Accessible Kitchen, Parking
Features
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 02415123000
- Zoning: Zone R-H
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1982
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Water Available at Street
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $400 monthly
Location
- Region: Scotts Valley
Financial & listing details
- Price per square foot: $452/sqft
- Annual tax amount: $20,647
- Date on market: 8/7/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, Land
- Lease term: Month To Month
Estimated market value
$1,735,800
$1.65M - $1.82M
$3,025/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $1,750,000$452/sqft |
Source: | ||
| 8/7/2026 | Listed for sale | $1,750,000$452/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 95066
Nearby schools
Schools provided by the listing agent
- Elementary: VineHillElementary_1
- Middle: ScottsValleyMiddle_2
- High: ScottsValleyHigh
- District: ScottsValleyUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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