Real estate listing preview #1
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Single Family
4602 Scotts Valley Drive
Scotts Valley, CA 95066
Listed by: Andy Kay from Exp Realty Of California Inc, [email protected]
MLS: Bay East Contra Costa (BECCAR)
5,364Sq Ft
Est. Mortgage

Over 5% GO In CAP Rate.Rents just went Up; price went down. Price reduced and new scheduled rents(last increase effective 11/1/2022) w recent rent increases. Extremely rare opportunity to own an outstanding multi-res property in fantastic core Scotts Valley location. Scotts Valley known for best schools in county, ideal for commuters to Silicon Valley and Santa Cruz County, fun small town USA. Right on Scotts Valley Dr so convenient to all of town. The property is over 1/2Ac- 24,263 sq ft, providing potential upside/value add through increasing density( Buyer to do own DD) or other development options. Solid Cap Rate with loss to lease w some legacy tenants . Property Taxes will be adjusted. All units set back from street. Rear of property has nice creek setting. Current configuration provides over 20 parking spaces. 4 of 6 units have been updated. New roof on front house in 2017 Easy to own solid investment property now one to hold and enjoy long term.

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Information courtesy of Exp Realty Of California Inc is subject to verification and is not guaranteed.
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