About this home
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.
- Property type
- Five Or More Units
- Lot size
- 6,186 sq ft
- Status
- Active
Listed by Shawki Farhat, Raeid Farhat Real Estate Inc. Source: MLSL. MLS #ML82036301.
Updated 9/9/2026, 3:37:39 PM PT.
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