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313 Raymond ST Santa Cruz, CA 95060

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For Sale
$1,895,000

Five or More Units, Other - SANTA CRUZ, CA

Property size:
2,244 SF
Lot size:
0.07 Acres
Price / SF:
$844/SF
Added:
Apr 27, 2026
Days on Market:
1
Last Refresh:
Apr 27 at 7:06 pm

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

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Listing Contact
Suzanne Teixeira
Suzanne Teixeira

Listing agent Suzanne Teixeira License #00923308

Listing office Intero Real Estate Services 2222 East Cliff Dr Suite 150, Cupertino, CA

Listing date Apr 27, 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.


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

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Santa Cruz
County
Santa Cruz
State
California
Longitude
-122.0179931
Latitude
36.9671916

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.
More about this property
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