Upside Potential! Great investment opportunity for 5 unit

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Commercial For Sale

313 Raymond ST

Santa Cruz, California 95060

Santa Cruz County

Community: 

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$1,895,000 5 br, 0.0 bath 2244 sq. ft. 0.073 acres

Upside Potential! Great investment opportunity for 5 unit apartment building in redeveloping area with 4- 1 bedroom 1 bath and 1- 2 bedrooms 1 with many new luxury hotels and restaurants in the area along with the beach, wharf and .08 mi to downtown- 5.8 miles to UCSC-ideal for bicycling, walking, surfing, dining. Property is fully fenced with a courtyard to relax or bbq in. It has separate electric meters, ceiling fans, recessed lighting and partially updated kitchens and baths. Shows good income. Potential for higher cap rate with self management. Fully occupied. Easily rented.

Interior:
  • Bedrooms: 5
  • Baths: 0.0
  • Sq Ft: 2244
  • Year Built: 1898
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Natural Gas, Wall Furnace
  • Garage: On Street
Exterior:
  • Lot Size: 0.073 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: Composition
  • MLS #: ML82033319
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Contact Information:
Beach Commercial For Sale in Santa Cruz, California
Listing Agent: Suzanne Teixeira, Intero Real Estate Services, Inc., 831-345-2060, 831-464-5310 Listing Site, Listing Status: Active
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.
Ad Number: 7215244
Viewed 55 times.
Updated: Apr 27, 2026

This property is a Commercial located at 313 Raymond ST, Santa Cruz, California 95060, and is currently For Sale at $1,895,000. This Commercial has 5 bedrooms, 0.0 baths, 2244 sq ft.