Home | Santa Cruz County | Santa Cruz | 95060 | 114 Franklin St
114 Franklin St, Santa Cruz, CA 95060
MLS: ML82036301 | Status: | Price: $1,999,999
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
2,685 |
6,186 |
1980 |
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.
| Field |
Value |
| MLS # |
ML82036301 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
104 |
Features
Interior Features
| Feature |
Details |
| Cooling |
None |
| Heating |
Electric |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Aluminum Over Tar |
| Foundation |
Pillar/Post/Pier, Sealed Crawlspace |
| Feature |
Details |
| Garage/Parking |
Assigned Spaces, Garage: 0 Car(s) |
| High School District |
Santa Cruz City Elementary |
| Sewer |
Cesspool, Public Sewer |
| Water |
Public |
| Zoning |
N/A |
Shawki Farhat
Raeid Farhat Real Estate Inc
License #: 02225210
Phone: (831) 228-9559
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 3 |
5 |
5 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
715 |
2 |
2/5 |
– |
$3,400 |
1 |
| 2 |
318 |
1 |
1/0 |
– |
$2,300 |
1 |
| 3 |
272 |
1 |
1/0 |
– |
– |
1 |
| 4 |
700 |
2 |
1/0 |
– |
$3,400 |
2 |
Nearby Homes
| Address |
Price |
Beds |
Baths |
Sq Ft |
Status |
| 620 Sumner |
$1,849,000 |
– |
– |
2,079 |
Active |
| 247 High St |
$1,895,000 |
– |
– |
5,858 |
|
| 505 - 507 Hanover St |
$1,799,000 |
– |
– |
1,840 |
Active |
| 2228 Capitola Rd |
$1,750,000 |
– |
– |
1,645 |
Active |
Disclosures
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This listing information is up-to-date as of June 03, 2026. For the most current information, please contact Shawki Farhat, (831) 228-9559.