221 Raymond Street

Santa Cruz, CA 95060

$3,590,000
Price
Beds
5,038 Sq. Ft.
$713 / Sq. Ft.
5,038
Sq. Ft.
$713
per Sq. Ft.

Description

Amazing fully leased 12 unit apartment building in Santa Cruz, near beach boardwalk. Enjoy steady income and a high occupancy rate year round.Amazing fully leased 12 unit apartment building in Santa Cruz, near beach boardwalk. Enjoy steady income and a high occupancy rate year round.
  1. Listed by Rob Chiang • DRE #01915518 • Brokerage DRE #01915518 • Robert Chiang Real Estate ServicesIncorporated • 408-646-4218

Property Details for 221 Raymond Street

MLS City Name
SANTA CRUZ
Building Type
Other
Style
Traditional
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Robert Chiang Real Estate ServicesIncorporated, Rob Chiang, DRE #01915518
Add your commute
LISTING UPDATED: 04/03/2024 04:25 PM

Property Details for 221 Raymond Street

StatusActive
MLS #ML81959959
Days on Compass27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1938
Lot Size0.19 AC / 8,146 SF
CountySanta Cruz County

Location

Listing Courtesy of Robert Chiang Real Estate ServicesIncorporated, Rob Chiang, DRE #01915518
Add your commute

Building Information for 221 Raymond Street

Stories-Residences-Year Built1938Building Size-Lot Size0.19 AC / 8,146 SF

Payment Calculator

$22,488 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,592

Property Taxes

$2,896

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 221 Raymond Street

Features
Features
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Laundry: Coin Operated
  • Living SqFt: 5038
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 12
  • Area Text: West Santa Cruz
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 221
  • Street Name: Raymond
  • Street Suffix: Street
  • Area ID: 43
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 5038
  • Structure SqFt Source: Assessor
  • Age: 86
Development Information
  • Ownership Type: Corporation
  • Zoning Detail: Unknown
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 007-281-09-000
  • County Name: Santa Cruz
  • City Name: SANTA CRUZ
  • City Postal ID: 64
  • Postal Code: 95060
  • Elementary School District: 840
  • High School District Text: Santa Cruz City High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .19
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 12
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: .00
  • Tenant Expenses: Rent Only
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Utilities, Utilities - Gas
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0

Property History for 221 Raymond Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 221 Raymond Street

Taxable ValueLand$2,040,000Additions$1,020,000Total$3,060,000
Tax Record2023$34,754 ($2,896 / month)
Home Facts
Baths6Total Finished SqFt2,542 SqFtAbove Grade Finished SqFt2,542 SqFtLot Size8,146 SqFtStyleMulti-Family Res (5+ Units)Year Built1938Year Renovated1978CountySANTA CRUZAPN007-281-09

Schools near 221 Raymond Street

This home is within Santa Cruz City High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gault Elementary School
PublicK to 5

Mission Hill Middle School
Public6 to 8

Harbor High School
Public9 to 12

Santa Cruz High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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221 Raymond Street is a multi-family home for sale in Santa Cruz, CA 95060. This property was listed for sale on April 3, 2024 by Robert Chiang Real Estate ServicesIncorporated, it's currently listed at $3,590,000. It has been on the market for a total of 27 days and was last sold on February 28, 2022. This listing's school districts are Santa Cruz City High School District, Santa Cruz City Elementary School District. Nearby schools include Gault Elementary School, Mission Hill Middle School and Harbor High School. 221 Raymond Street is a 0-bed, 0-bath, 5,038 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Chiang Real Estate ServicesIncorporated, Rob Chiang, DRE #01915518

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.