858-525-5007

114 Franklin, Santa Cruz CA 95060 | $1,999,999

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1980
  • MLS#: ML82036301
  • Community: 699 - Not Defined

Listing provided courtesy of Shawki Farhat of Raeid Farhat Real Estate Inc. Last updated 2026-06-01 07:27:15.000000. Listing information © 2025 SANDICOR.

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.

More Details

Parking Spots: -5.00
Carport Spaces: 0.00
Heating: Electric

David Piper​

Call or Text: 858-525-5007

DRE# 02021985