114 Franklin St | Image 1
New
114 Franklin St | Image 2

$1,999,999

For Sale

A day ago

MLS® ML82036301

0 Bed

0 Bath

--

-5 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $25,000
Days Active 1
Approx. Age 1980
MLS® Number ML82036301

Property Address: 114 Franklin St, Santa Cruz, CA, 95060-2807

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberML82036301
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2026List Date
$1,999,999List Price
  • Commute

Commute

Starting Address
Destination Address
114 Franklin St, Santa Cruz, CA

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