Property Detail
Description
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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Listing provided courtesy of Shawki Farhat of Raeid Farhat Real Estate Inc. Last updated 2026-03-30 08:34:58.000000. Listing information © 2025 CRMLS.
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CA DRE# 01883192
770 1st Ave, Suite 250 San Diego, CA 92101
Based on information from California Regional Multiple Listing Service, Inc., as of 2025 and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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