Property photo 1
Property photo 2
Listed by Raeid Farhat Real Estate Inc, Shawki Farhat, Listing Contact: 831-228-9559
2,685 sqft

$1,999,999

114 Franklin ST, Santa Cruz CA, 95060

Price per sqft$744.88
Built in1980
Property size2,685 sqft
Property typeResidential

Overview

Active

Listed Feb 25, 2026

Updated 9 days ago

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.

$13,306/mo

Est. mortgage payment based on a $1,999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82036301

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres
MLS provider logo

Listed by Raeid Farhat Real Estate Inc, Shawki Farhat DRE:02225210,
Listing Contact: 831-228-9559 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor James Do | CA DRE# 02135676 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than James Do | CA DRE# 02135676 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 1:57 PM UTC, 9/28/2026

 

 

Powered by Luxury Presence