114 Franklin ST Santa Cruz CA 95060 | MLS #ML82036301
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 Details
Price:
$1,999,999
MLS #:
ML82036301
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Feb 25, 2026
Total Sq Ft:
2,685
Lot Size:
6,186 sqft / 0.14 acres (approx)
Year Built:
1980
See this Listing
Schools
School District:
Other
Interior
Cooling
NO
Heating
ELC
Exterior
Parking Spots
5
Parking Total
-5
Roof
CMP
Financial
Taxes
$25,000
Map
Community
- Address114 Franklin ST Santa Cruz CA
- CitySanta Cruz
- CountySanta Cruz
- Zip Code95060
Market Summary
Current real estate data for Commercial in Santa Cruz as of Sep 17, 2026
23
Commercial Listed
200
Avg DOM
$3,582,739
Avg List Price
Property Summary
- 114 Franklin ST Santa Cruz CA is a Commercial for sale in Santa Cruz, CA, 95060. It is listed for $1,999,999 To schedule a showing of MLS#ml82036301 at 114 Franklin ST in Santa Cruz, CA, contact your Compass agent at 310.409.7242.
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Courtesy of Raeid Farhat Real Estate Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.114 Franklin ST
Santa Cruz, CA