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MLS® ID: ML81770984

307+309 Raymond ST

SANTA CRUZ, California, 95060

$2,999,000 Contingent
  • 4836 SQFT
Amazing investment opportunity less than two blocks from Main Beach in Santa Cruz. Own a remodeled 3 bedroom, 3.5 bathroom home plus 12 apartment units. Situated between the mountains and the sea, Santa Cruz is a desirable investment location due to the high rental demand with an expanding University of California, its proximity to Silicon Valley, world class surfing, mountain biking, beaches and a growing tourism industry. Located within a short distance of The Boardwalk, Cowells Beach, West Cliff Drive, Seabright Beach, The San Lorenzo Riverwalk, Downtown SantaCruz, restaurants, shops and a brand new Courtyard Marriott Hotel coming soon. Coin-op laundry onsite. Listed at 10.8 times yearly gross market rents, this property is a great value for the savvy investor.
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Listing courtesy of Lighthouse Realty

Amenities

  • Zip
    95060
  • Office name
    Lighthouse Realty
  • SQFT
    4836
  • Property type
    Five or More Units
  • Zoning type
    RTD
  • Year built
    1923
  • Lot size
    0.2002
  • Sewer
    Sewer - Public
  • Heating
    Wall Furnace
  • Agent name
    Peter Cook
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    4000-5000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    S1836
  • Agent ID
    200005291

Location

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