192 Bean Creek Road, Scotts Valley, California 95066, Scotts Valley, 95066 - 0 bed, 0 bath
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Scotts Valley, California 95066
This Turnkey Multi-Unit Asset is listed at $1,850,000—positioned well below the $1,861,477 Fair Market Value by 1%. Boasting a Good Condition Rating from an extensive 2016 renovation, the fourplex features updated kitchens and bathrooms across four two-bedroom units. The park-like 11,151 SqFt lot offers serene wooded views and private decks, situated within walking distance of Skypark and Scotts Valley Middle School. This property combines immediate rental income with long-term stability in a premium location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 192 Bean Creek Road Subject | $1,850,000* List Price | 0 | 0 | 3,264 | $570 | - |
A 52 Terrace View Drive Sold | $1,600,000 | 0 | 0 | 3,052 | $524 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in good, turnkey condition following an extensive renovation in 2016. While the original structure dates back to 1973, the interior updates to the kitchens and bathrooms fall within the 5-15 year window required for a 'Good' rating. The units feature modern flooring and updated appliances, and the property has been well-maintained with no immediate major repairs required, making it move-in ready for tenants.
Situated within walking distance to Skypark, local schools, and dining, this property offers high tenant appeal and convenience in the heart of Scotts Valley.
Extensively updated in 2016 and meticulously maintained, the fourplex minimizes immediate capital expenditure for investors while commanding competitive market rents.
The property is fully leased with desirable two-bedroom layouts and private outdoor spaces, ensuring consistent cash flow and low vacancy rates.
Originally constructed in 1973, the property may require ongoing maintenance or future upgrades to major systems despite the 2016 cosmetic renovations.
The reliance on shared coin-operated laundry and communal parking rather than in-unit facilities may cap the maximum achievable rent in a premium market.
Unique opportunity to own a beautifully maintained, fully-leased fourplex in the heart of Scotts Valley. Four two bed, one bathroom units, each with their own outdoor spaces, sit on a pristine, park-like 11,000 square foot lot. Each unit was tastefully updated in 2016 by the current owner and have been thoughtfully maintained since. The property is centrally located within walking distance of Skypark, Scotts Valley Middle School, Scotts Valley Public Library, and numerous shopping and dining options. Amenities include: onsite coin operated laundry, covered parking, and storage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,264 | 3,158 | 50% |
| Lot Size | 11,151 | 10,977 | 50% |
| Price | $1.85M | $1.73M | 50% |
| Price per sq ft | $567 | $546 | 50% |
| Built year | 1973 | 1973 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 41 | 0% |
Feb 27, 2026
$1,850,000
Initial Listing
Nov 23, 2016
$1,275,000
Public Record
Dec 30, 2004
$895,000
Public Record
Oct 2, 1997
$402,500
Public Record