Franklin, Santa Cruz, CA 95060
- Sqft
- 2,685
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 2,685
- Lot size (acres)
- 0.14
- Year built
- 1980
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Electric
- Cooling
- None
Public schools
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Sourced from: MLSListings (California) MLS®#: ML82036301 Last checked: …
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