313 Raymond ST Santa Cruz, CA 95060
Five or More Units, Other - SANTA CRUZ, CA
Property size:
2,244 SFLot size:
0.07 AcresPrice / SF:
$844/SF- Added:
- Apr 29, 2026
- Days on Market:
- 9
- Last Refresh:
- May 7 at 4:06 am
Property Features for 313 Raymond ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- n/a
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
- Parking features
- On Street
- Security features
- Security Gate
- Interior features
- None
- Exterior features
- Security Fence, Bbq Area, Bowling Alley, Conference Facilities, Garden / Greenbelt / Trails, Playground
- Fencing
- Fenced, Gate
- Standard status
- Active
- Size
- 2,244 SF
- Lot size
- 0.07 Acres
Utilities
- Heating system
- Natural Gas, Wall Furnace
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1898
- Flooring type
- Laminate
- Roof type
- Composition
- Architectural style
- Other
Listing agent Suzanne Teixeira License #00923308 (831) 345-2060
Listing office Intero Real Estate Services 2222 East Cliff Dr Suite 150, Cupertino, CA (831) 464-5310
Listing date Apr 29, 2026
MLS# ML82033319
Listing URL
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Investment opportunity: 5‑unit apartment building in a redeveloping area.
- Income potential: Rents appear under market value, offering potential for higher cap rate.
- Fully occupied: Provides immediate rental income.
- Desirable location: Close to beach, wharf, downtown, luxury hotels and restaurants.
- Amenities: Fenced property with courtyard and BBQ area.
- Updated features: Separate electric meters, ceiling fans, recessed lighting, partially updated kitchens and baths.
Overview
Santa Cruz Multifamily Investment Opportunity
This is an investment opportunity featuring a five-unit apartment building. The unit mix includes four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. The property is located in a redeveloping area with new luxury hotels and restaurants, and is situated near the beach, wharf, and downtown area. It is located 5.8 miles from UCSC, making it ideal for bicycling, surfing, and dining. The property is fully fenced and includes a courtyard suitable for relaxation or barbecuing. Each unit has separate electric meters, ceiling fans, and recessed lighting. The kitchens and baths are partially updated. The property shows good income and is fully occupied. The rents appear to be under market value, presenting the potential for a higher cap rate with self-management. The building has a total area of 2244 square feet and is situated on a 0.073-acre lot.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Cruz
- County
- Santa Cruz
- State
- California
- Longitude
- -122.0179931
- Latitude
- 36.9671916
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit apartment building near beach, wharf, and downtown.
Where is this apartment building located?
The property is located at 313 Raymond ST Santa Cruz, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Investment opportunity: 5‑unit apartment building in a redeveloping area.; Income potential: Rents appear under market value, offering potential for higher cap rate.; Fully occupied: Provides immediate rental income.
