Listing provided courtesy of Shawki Farhat of Raeid Farhat Real Estate Inc. Last updated 2026-02-26 09:51:34.000000. Listing information © 2025 Sandicor.
Asking Price: $1,999,999 |
114 Franklin, Santa Cruz CA 95060
Community: 699 - Not Defined
This property was built in 1980 and is priced at $1,999,999. Please see the additional details below.
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.
