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Berkshire Hathaway HomeServices California Properties
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  • 114 Franklin Street

114 Franklin Street, Santa Cruz, CA 95060

$1,999,999 Approx. USD
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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Listing Agent


Shawki Farhat | shawki@farhatregroup.com
Lic#: 02225210
Broker: Courtesy of Raeid Farhat Real Estate Inc
Phone: 831-228-9559

Listing Details

Property type: (Commercial)
Property Sub-Type:
Status: Active
Listing ID: ML82036301
Price: $1,999,999
Rental Rate: $1,999,999
Lot Size:
HOA Fee is $0.00
Built in 1980
0.14 acres
County: Santa Cruz
Zoning: N/A
Heating/cooling: None
Heating description: Electric

Last Updated: 7/24/2026

 Days On Market (DOM): 159

 Find more Santa Cruz properties

 Find more properties in 95060 zip code

Lat/Long: 36.983887, -122.023661.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 877.778.8811
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