Property Detail

114 Franklin

Santa Cruz CA 95060

$1,999,999

Status: Active

Property Details

Description

7+ CAP Investment Opportunity! CAP rate above 7 is uncommon for multi-unit properties in Santa Cruz. Fully leased five-unit income property in prime Santa Cruz location. Property consists of a 2-bedroom main home, two detached studios (including a Jr. ADU), and two detached 2-bedroom/1-bath ADUs. All units are currently occupied, providing stable in-place rental income. Conveniently located near Highway 1, Santa Cruz Beach Boardwalk, UCSC, downtown Santa Cruz, and restaurants. Great opportunity for investors seeking a multi-unit investment property in an ideal location.

Map Location

Listing provided courtesy of Shawki Farhat of Raeid Farhat Real Estate Inc. Last updated 2026-06-01 07:27:15.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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