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$2,999,000
Est. $16,928/mo

307+309 Raymond St, Santa Cruz, CA 95060

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Multi-Family Home In Beach South Of Laurel
-- Bed-- Bath4,836 Sqft
Listed by Peter Cook

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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Home Details
  • Days on Homes.com: 70
  • Beds: --
  • Baths: --
  • Property type: Multi Family
  • Exterior finish: --
  • Year built: 1923
  • Lot size: 0.2
  • Fireplace: no
  • Neighborhood: Beach Flats
  • Cooling: None
  • Structure Sqft Source: Other
  • Garage Parking Spaces: On Street
  • Roof: Composition
  • Foundation: Concrete Perimeter
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Pool Yn: No
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer Public
  • Utilities: Public Utilities
  • Security Features: None
  • Restrictions: Parking Restrictions
  • Special Features: None
  • Water: Public
  • Additional Listing Info: Not Applicable
  • Listing Address Display Format: Show Full Address
  • Subclass: Five Or More Units
  • City Limits Yn: Yes
  • Hoa Exist Yn: No
  • Listing Class: Commercial Multi Residential (5+ Units)
  • Listing Type: Exclusive Right To Sell
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307+309 Raymond St

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Contact one of our agents for a more detailed home comparison!
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MLS NumberML81770984
Listed10/02/2019
Listing SourceMLS Listings Inc.
Last Updated12/10/2019 02:33:19 GMT-0500 (Eastern Standard Time)
Offered ByLighthouse Realty
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Listing provided by
P
Peter CookListing Agent(831) 458-2035
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