115 Christel Oaks Dr Scotts Valley — Sale in Scotts Valley, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Scotts Valley, CA 95066

Investment Figures

Cap rate
2.54%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Located in the beautiful city of Scotts Valley, this well-maintained duplex presents a rare opportunity to own a flexible, income-producing property in one of Santa Cruz County’s most desirable markets. Built in 1969 and totaling 1,792 square feet, the property includes two identical 2-bedroom, 1.5-bath units of approximately 900 square feet each. The practical layouts and generous natural light provide a solid foundation for immediate rental income as well as long-term value growth. Located in a quiet residential setting with convenient access to Highway 17, shopping, dining, parks, and top-rated schools, the property appeals to both investors seeking steady returns and owner-occupants interested in living in one unit while renting the other. Its exceptional floor plans and genuinely convenient location make it a compelling option in a supply-constrained multifamily market. Scotts Valley is known for its safe neighborhoods, excellent schools, and ideal position between Silicon Valley and the coast. With a population of about 12,000, the city blends small-town character with everyday convenience, offering quick access to beaches, redwood forests, and major employment hubs. Its sunny microclimate, strong community feel, and proximity to outdoor recreation continue to make it one of the most sought-after places to live in the region. Investment Highlights: • Well Maintained Duplex in Scotts Valley • Exceptional unit mix of 2 Bed 1.5 Bath Units • One vacancy allows immediate Owner/User Opportunity

Market Context

This multifamily in Scotts Valley, CA is listed for sale. It is offered at an approximate 2.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Scotts Valley, CA — view the full market.

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